SEC Form 4 · accession 0001214659-18-002402
MYR GROUP INC. · MYRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tod M. Cooper
Officer — SVP and COO T&D
Period of report
Mar 23, 2018
Accepted (ET)
Mar 27, 2018 · 4:05 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 23, 2018 | F | 428 | $30.14 | D | 34,597 | D | |
| Common StockF1 | Mar 24, 2018 | F | 996 | $30.14 | D | 33,601 | D | |
| Common StockF1 | Mar 25, 2018 | F | 60 | $30.14 | D | 33,541 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RESTRICTED STOCK UNITF2,F3 | — | Mar 23, 2018 | A | 6,104 | A | — | — | Common Stock | 6,104 | 6,104 | D |
Explanation of responses
- F1Represents shares of common stock withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock granted pursuant to the MYR Group Inc. 2007 Long-Term Incentive Plan, as amended.
- F2Each Restricted Stock Unit, awarded pursuant to Issuer's 2017 Long-Term Incentive Plan, represents a contingent right to receive one share of the Issuer's common stock. Units of restricted stock will be converted into 2,035, 2,034 and 2,035 shares of Issuer's common stock on March 23, 2019, 2020 and 2021, respectively.
- F3The closing stock price of MYR Group stock was $30.14 on March 23, 2018.