0001209191-21-070620.txt : 20211220
0001209191-21-070620.hdr.sgml : 20211220
20211220174636
ACCESSION NUMBER: 0001209191-21-070620
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211104
FILED AS OF DATE: 20211220
DATE AS OF CHANGE: 20211220
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Manthripragada Vijay
CENTRAL INDEX KEY: 0001817948
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39394
FILM NUMBER: 211506271
MAIL ADDRESS:
STREET 1: 1 PARK PLAZA
STREET 2: SUITE 1000
CITY: IRVINE
STATE: CA
ZIP: 92614
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Montrose Environmental Group, Inc.
CENTRAL INDEX KEY: 0001643615
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742]
IRS NUMBER: 464195044
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1 PARK PLAZA, SUITE 1000
CITY: IRVINE
STATE: CA
ZIP: 92614
BUSINESS PHONE: (949) 988-3500
MAIL ADDRESS:
STREET 1: 1 PARK PLAZA, SUITE 1000
CITY: IRVINE
STATE: CA
ZIP: 92614
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-11-04
0
0001643615
Montrose Environmental Group, Inc.
MEG
0001817948
Manthripragada Vijay
5120 NORTHSHORE DR
NORTH LITTLE ROCK
AR
72118
1
1
0
0
President & CEO
Common Stock
2021-11-04
4
M
0
30000
6.03
A
42928
D
Common Stock
2021-11-04
4
S
0
30000
72.607
D
12928
D
Common Stock
2021-12-16
4
A
0
316209
0.00
A
329137
D
Stock Option (Right to Buy)
6.03
2021-11-04
4
M
0
30000
0.00
D
2026-06-23
Common Stock
30000
209125
D
Stock Appreciation Right
66.79
2021-12-16
4
A
0
900000
0.00
A
2031-12-16
Common Stock
900000
900000
D
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.
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.
50% of the shares subject to the option vested on September 11, 2017 and the remaining 50% vested on September 11, 2019.
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.
The November 4, 2021 transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.
/s/ Nasym Afsari, Attorney in fact
2021-12-20