SEC Form 4 · accession 0001214659-18-002403
MYR GROUP INC. · MYRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerald B. Engen Jr.
Officer — Senior VP, CLO and Secretary
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 | 415 | $30.14 | D | 50,757 | D | |
| Common StockF1 | Mar 24, 2018 | F | 987 | $30.14 | D | 49,770 | D | |
| Common StockF1 | Mar 25, 2018 | F | 234 | $30.14 | D | 49,536 | 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 | 6,635 | A | — | — | Common Stock | 6,635 | 6,635 | 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 6,635 shares of Issuer's common stock on March 23, 2019.
- F3The closing stock price of MYR Group stock was $30.14 on March 23, 2018.