4//SEC Filing
Manthripragada Vijay 4
Accession 0001209191-21-070620
CIK 0001643615other
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 5:46 PM ET
Size
13.7 KB
Accession
0001209191-21-070620
Insider Transaction Report
Form 4
Manthripragada Vijay
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2021-11-04−30,000→ 209,125 totalExercise: $6.03Exp: 2026-06-23→ Common Stock (30,000 underlying) - Award
Stock Appreciation Right
2021-12-16+900,000→ 900,000 totalExercise: $66.79Exp: 2031-12-16→ Common Stock (900,000 underlying) - Sale
Common Stock
2021-11-04$72.61/sh−30,000$2,178,210→ 12,928 total - Award
Common Stock
2021-12-16+316,209→ 329,137 total - Exercise/Conversion
Common Stock
2021-11-04$6.03/sh+30,000$180,900→ 42,928 total
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $72.50 to $72.90, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range.
- [F2]The Reporting Person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of Common Stock for each RSU. 50% of the RSUs will vest on December 16, 2025, and the remaining 50% of the RSUs will vest on December 16, 2026, provided that the Reporting Person remains in continuous service on each vesting date.
- [F3]50% of the shares subject to the option vested on September 11, 2017 and the remaining 50% vested on September 11, 2019.
- [F4]The stock appreciation rights are performance based and will vest on December 16, 2026, subject to the achievement of 20-day trading average stock prices of $133.58, $166.98 and $200.37 prior to the vesting date and subject to the Reporting Person's continued service on the vesting date. 1/3 of the stock appreciation rights will be earned upon achievement of each of the foregoing performance hurdles.
Documents
Issuer
Montrose Environmental Group, Inc.
CIK 0001643615
Entity typeother
Related Parties
1- filerCIK 0001817948
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 5:46 PM ET
- Size
- 13.7 KB