John Lai - 26 Jun 2023 Form 4 Insider Report for Mister Car Wash, Inc. (MCW)

Role: Chief Executive Officer
Signature: /s/Markus Hartmann, as Attorney-in-Fact for John Lai
Issuer symbol: MCW
Transactions as of: 26 Jun 2023
Transactions value $: -$286,828
Form type: 4
Filing time: 28 Jun 2023, 18:19:37 UTC
Previous filing: 14 Jun 2023
Next filing: 30 Jun 2023
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	+3.18%	$0.00	2.6M	26 Jun 2023	Direct
transaction	MCW	Common Stock	Sale	-$287K	-33.9K	-1.3%	$8.46	2.56M	26 Jun 2023	Direct	F1
holding	MCW	Common Stock						960K	26 Jun 2023	by 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	-25%	$0.00	240K	25 Jun 2023	Common Stock	80K		Direct	F2, F3, F4

* 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 represents a contingent right to receive one share of common stock.
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.