# EDGAR Filing Document

**Accession Number:** 0001441497
**File Stem:** 0001214659-23-004238
**Filing Date:** 2023-3
**Character Count:** 11294
**Document Hash:** 165199aa3cd132d55ddaaa4636ad23f0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001214659-23-004238.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001214659-23-004238

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230323

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230327

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Swartz Richard S. Jr.
- **CENTRAL INDEX KEY:** 0001441497

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-08325
- **FILM NUMBER:** 23764865

**MAIL ADDRESS:**
- **STREET 1:** MYR GROUP INC.
- **STREET 2:** 1701 GOLF ROAD SUITE 3-1012
- **CITY:** ROLLING MEADOWS
- **STATE:** IL
- **ZIP:** 60008-4210
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MYR GROUP INC.
- **CENTRAL INDEX KEY:** 0000700923
- **STANDARD INDUSTRIAL CLASSIFICATION:** WATER, SEWER, PIPELINE, COMM AND POWER LINE CONSTRUCTION [1623]
- **IRS NUMBER:** 363158643
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 12121 GRANT STREET
- **STREET 2:** SUITE 610
- **CITY:** THORNTON
- **STATE:** CO
- **ZIP:** 80241
- **BUSINESS PHONE:** 3032868000

**MAIL ADDRESS:**
- **STREET 1:** 12121 GRANT STREET
- **STREET 2:** SUITE 610
- **CITY:** THORNTON
- **STATE:** CO
- **ZIP:** 80241

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MYR GROUP INC
- **DATE OF NAME CHANGE:** 19960417

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MYERS L E CO GROUP
- **DATE OF NAME CHANGE:** 19920703

## Ex-24

```
<pre>
      POWER OF ATTORNEY                                                  Exhibit 24

	KNOW ALL BY THESE PRESENTS, that the undersigned does hereby constitute and
appoint each of Kelly M. Huntington and William F. Fry, signing singly, the
undersigned's true and lawful attorneys-in-fact to:

	(1)	prepare, execute in the undersigned's name and on the undersigned's behalf,
and submit to the U.S. Securities and Exchange Commission (the "SEC") a Form ID,
including amendments thereto, and any other documents necessary or appropriate
to obtain codes and passwords enabling the undersigned to make electronic
filings with the SEC of reports required by Section 16(a) of the Securities
Exchange Act of 1934 (the "Exchange Act") or any rule or regulation of the SEC;

	(2)	execute for and on behalf of the undersigned, in the undersigned's capacity
as an executive officer of MYR Group Inc. (the "Company"), Forms 3, 4 and 5 in
accordance with Section 16(a) of the Exchange Act and the rules thereunder;

	(3)	do and perform any and all acts for and on behalf of the undersigned which
may be necessary or desirable to complete and execute any such Forms 3, 4 and 5,
complete and execute any amendment or amendments thereto, and file such form
with the SEC and any stock exchange or similar authority; and

	(4)	take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may approve in such
attorney-in-fact's discretion.

	The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary, or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such attorney-in-fact, or such
attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be
done by virtue of this Power of Attorney and the rights and powers herein
granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in
serving in such capacity at the request of the undersigned, are not assuming,
nor is the Company assuming, any of the undersigned's responsibilities to comply
with Section 16 of the Exchange Act.

	This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file reports required by Section 16(a) with
respect to the undersigned's holdings of and transactions in securities issued
by the Company, unless earlier revoked by the undersigned in a signed writing
delivered to the foregoing attorneys-in-fact.

	IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of the 24th day of March, 2023.

        /s/ Richard S. Swartz
        -------------------------
	Name:   Richard S. Swartz
    </pre>
```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Swartz Richard S. Jr.<br><sub>(Last) (First) (Middle)</sub><br>MYR GROUP INC.<br>12121 GRANT STREET, SUITE 610<br><sub>(Street)</sub><br>THORNTON, CO 80241<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-03-23 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_President and CEO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>MYR GROUP INC. [ MYRG ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-03-23 |  | M |  | 5957<sup>(1)</sup> | A | 0<sup>(1)</sup> | 163581 | D |  |
| Common Stock | 2023-03-23 |  | F |  | 2607<sup>(2)</sup> | D | $116.47 | 160974 | D |  |
| Common Stock | 2023-03-23 |  | M |  | 3817<sup>(3)</sup> | A | 0<sup>(3)</sup> | 164791 | D |  |
| Common Stock | 2023-03-23 |  | F |  | 1670<sup>(2)</sup> | D | $116.47 | 163121 | D |  |
| Common Stock | 2023-03-23 |  | M |  | 3049<sup>(3)</sup> | A | 0<sup>(3)</sup> | 166170 | D |  |
| Common Stock | 2023-03-23 |  | F |  | 1334<sup>(2)</sup> | D | $116.47 | 164836 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| RESTRICTED STOCK UNIT | <sup>(1)</sup> | 2023-03-23 |  | M |  |  | 5957 | 2023-03-23<sup>(1)</sup> | 2023-03-23<sup>(1)</sup> | Common Stock | 5957 | $0 | 0 | D |  |
| RESTRICTED STOCK UNIT | <sup>(3)</sup> | 2023-03-23 |  | M |  |  | 3817 | 2023-03-23<sup>(3)</sup> | 2023-03-23<sup>(3)</sup> | Common Stock | 3817 | $0 | 3816 | D |  |
| RESTRICTED STOCK UNIT | <sup>(3)</sup> | 2023-03-23 |  | M |  |  | 3049 | 2023-03-23<sup>(3)</sup> | 2023-03-23<sup>(3)</sup> | Common Stock | 3049 | $0 | 6098 | D |  |
| RESTRICTED STOCK UNIT | <sup>(4)</sup> | 2023-03-23 |  | A |  | 9118 |  | <sup>(4)</sup> | <sup>(4)</sup> | Common Stock | 9118 | $0 | 9118 | D |  |

---

### Footnotes:

(1) These Restricted Stock Units, which were awarded on April 27, 2020 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vested 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.

(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 March 23, 2021 and 2022 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.

(4) Each Restricted Stock Unit, awarded pursuant to the 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.

**Remarks:**
Exhibit List: Exhibit 24 - Power of Attorney.

**Signature:** /s/ William F. Fry as Attorney-in-Fact for Richard S. Swartz, Jr.  
**Date:** 2023-03-27

### Remarks:

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).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**