Sec Form 4 Filing - Johnson Betty R. @ MYR GROUP INC. - 2022-03-22

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Johnson Betty R.
2. Issuer Name and Ticker or Trading Symbol
MYR GROUP INC. [ MYRG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Senior VP and CFO
(Last) (First) (Middle)
12150 EAST 112TH AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
03/22/2022
(Street)
HENDERSON, CO80640
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/22/2022 M 2,178( 1 ) A $ 0( 1 ) 45,185 D
Common Stock 03/22/2022 F 965( 2 ) D $ 101.7 44,220 D
Common Stock 03/23/2022 M 2,382( 3 ) A $ 0( 3 ) 46,602 D
Common Stock 03/23/2022 F 1,056( 2 ) D $ 99.22 45,546 D
Common Stock 03/23/2022 M 1,305( 1 ) A $ 0( 1 ) 46,851 D
Common Stock 03/23/2022 F 579( 2 ) D $ 99.22 46,272 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
RESTRICTED STOCK UNIT ( 1 ) 03/22/2022 M 2,178 03/22/2022( 1 ) 03/22/2022( 1 ) Common Stock 2,178 $ 0 0 D
RESTRICTED STOCK UNIT ( 3 ) 03/23/2022 M 2,382 03/23/2022( 3 ) 03/23/2022( 3 ) Common Stock 2,382 $ 0 2,383 D
RESTRICTED STOCK UNIT ( 1 ) 03/23/2022 M 1,305 03/23/2022( 1 ) 03/23/2022( 1 ) Common Stock 1,305 $ 0 2,611 D
RESTRICTED STOCK UNIT ( 4 ) 03/23/2022 A 2,721 ( 4 ) ( 4 ) Common Stock 2,721 $ 0 2,721 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Johnson Betty R.
12150 EAST 112TH AVENUE
HENDERSON, CO80640
Senior VP and CFO
Signatures
/s/ William F. Fry as Attorney-in-Fact for Betty R. Johnson 03/24/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These Restricted Stock Units, which were awarded on March 22, 2019 and March 23, 2021 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vest ratably over three years and were settled in shares of the Issuer's common stock on a one-for-one basis.
( 2 )Represents shares of the Issuer's common stock withheld to satisfy tax withholding obligations in connection with the vesting of Restricted Stock Units granted pursuant to the Issuer's 2017 Long-Term Incentive Plan.
( 3 )These Restricted Stock Units, which were awarded on April 27, 2020 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vest ratably on April 27, 2021, March 23, 2022 and March 23, 2023 and were settled in shares of the Issuer's common stock on a one-for-one basis.
( 4 )Each Restricted Stock Unit, awarded pursuant to Issuer's 2017 Long-Term Incentive Plan, represents a contingent right to receive one share of the Issuer's common stock. The Restricted Stock Units vest ratably over three years beginning on the first anniversary of the grant date.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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