SEC Form 4 · accession 0001214659-15-002554
MYR GROUP INC. · MYRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William A Koertner
Officer — Chairman, President and CEO · Director
Period of report
Mar 24, 2015
Accepted (ET)
Mar 26, 2015 · 4:40 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000700923
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 24, 2015 | F | 5,012 | $30.16 | D | 260,607 | D | |
| Common StockF2 | Mar 24, 2015 | A | 13,726 | $0.00 | A | 274,333 | D | |
| Common StockF1 | Mar 25, 2015 | F | 1,481 | $31.42 | D | 272,852 | D | |
| Common StockF3 | Mar 25, 2015 | M | 15,000 | $3.6481 | A | 287,852 | D | |
| Common StockF3 | Mar 25, 2015 | S | 15,000 | $31.00 | D | 272,852 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF3 | $3.6481 | Mar 25, 2015 | M | 15,000 | D | Dec 20, 2007 | Jun 20, 2016 | Common Stock | 15,000 | 19,732 | D |
Explanation of responses
- F1These shares were withheld to cover taxes associated with the vesting of restricted stock issued under the MYR Group Inc. 2007 Long-Term Incentive Plan, as amended.
- F2Shares of restricted stock granted pursuant to the MYR Group Inc. 2007 Long-Term Incentive Plan, as amended. These shares will vest ratably over three years beginning March 24, 2016.
- F3These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 24, 2013.