John Lai - 25 Jun 2024 Form 4 Insider Report for Mister Car Wash, Inc. (MCW)

Role
Chief Executive Officer, Director
Signature
/s/Markus Hartmann, as Attorney-in-Fact for John Lai
Issuer symbol
MCW
Transactions as of
25 Jun 2024
Transactions value $
-$234,955
Form type
4
Filing time
27 Jun 2024, 17:03:51 UTC
Previous filing
04 Jun 2024
Next filing
07 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCW Common Stock Options Exercise $0 +80K +1.6% $0.00 5.08M 25 Jun 2024 Direct
transaction MCW Common Stock Sale -$235K -33.9K -0.67% $6.93 5.05M 26 Jun 2024 Direct F1
holding MCW Common Stock 1.87M 25 Jun 2024 The JLKL 2020 Irrevocable Family Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MCW Restricted Stock Units Options Exercise $0 -80K -33.33% $0.00 160K 25 Jun 2024 Common Stock 80K Direct F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 represent shares automatically sold in a non-discretionary transaction to cover taxes and fees in connection with the vesting and settlement of restricted stock unit awards.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F3 This filing relates to the occurrence of a restricted stock unit vesting event.
F4 The restricted stock units vest in 5 equal annual installments beginning on June 25, 2022 subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.
F5 The RSUs do not have an expiration date.