SEC Form 4 · accession 0001209191-18-006990
MASTEC INC · MTZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert E Apple
Officer — COO
Period of report
Feb 1, 2018
Accepted (ET)
Feb 2, 2018 · 5:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000015615
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Feb 1, 2018 | S | 25,000 | $55.0654 | D | 145,011 | D | |
| Common Stock | holding | — | — | — | 1,123 | I | By 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Apple, 68 years old, is systematically reducing his portfolio concentration in MasTec shares through a 10b5-1 plan, which has more than one pricing tranche. These 25,000 shares sold under the plan, represent only 15% of the shares owned by Mr. Apple.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in eight separate transactions with prices ranging from $55.00 to $55.25 for an average weighted sales price of $55.06542. The reporting person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3Includes 37,297 shares of MasTec common stock contributed by the reporting person to The Apple Family Trust of which the reporting person and his wife are trustees and beneficiaries.