Afsari Nasym 4
4 · Montrose Environmental Group, Inc. · Filed Dec 20, 2021
Insider Transaction Report
Form 4
Afsari Nasym
General Counsel and Secretary
Transactions
- Award
Stock Appreciation Right
2021-12-16+330,000→ 330,000 totalExercise: $66.79Exp: 2031-12-16→ Common Stock (330,000 underlying) - Award
Common Stock
2021-12-16+225,864→ 265,891 total
Footnotes (2)
- [F1]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.
- [F2]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.