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