Home > Insider Trading > Filing (0001209191-21-070620)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1643615	Montrose Environmental Group Inc.	MEG	Services-Management Consulting Services (8742)	464195044

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1817948	Vijay Manthripragada	5120 Northshore Dr North Little Rock AR 72118	President & Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2021-11-04	30,000	$6.03	42,928	No	4	M	Direct
Common Stock	Disposition	2021-11-04	30,000	$72.61	12,928	No	4	S	Direct
Common Stock	Acquisiton	2021-12-16	316,209	$0.00	329,137	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	A	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (Right to Buy)	Disposition	2021-11-04	30,000	$0.00	30,000	$6.03
Common Stock	Stock Appreciation Right	Acquisiton	2021-12-16	900,000	$0.00	900,000	$66.79

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
209,125		2026-06-23	No	4	M	Direct
900,000		2031-12-16	No	4	A	Direct

Footnotes

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.