SEC Form 4 · accession 0001214659-16-011171
MYR GROUP INC. · MYRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Michael Hartwick
Director
Period of report
Apr 28, 2016
Accepted (ET)
May 2, 2016 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000700923
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PHANTOM STOCK UNITF1,F2 | — | Apr 28, 2016 | A | 2,972 | A | — | — | Common Stock | 2,972 | 4,874 | D |
Explanation of responses
- F1Each Phantom Stock Unit, awarded pursuant to Issuer's 2007 Long-Term Incentive Plan (as amended), is the economic equivalent of one share of MYR Group Inc. common stock. Units of phantom stock will be converted into shares of MYR Group Inc. common stock as follows: 991 units on April 28, 2017, 990 units on April 28, 2018 and 991 units on April 28, 2019.
- F2'The closing stock price of MYR Group Inc. stock was $25.23 on April 28, 2016.