Mastech Digital (MHH) Form 4 Mastech Digital / Vivek Gupta ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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

1. Name and Address of Reporting Person^*

Gupta Vivek

(Last) (First) (Middle)

C/O MASTECH DIGITAL, INC.

1305 CHERRINGTON PKWY, BLDG 210, STE 400

(Street)

MOON TOWNSHIP PA 15108

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Mastech Digital, Inc. [ MHH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	05/20/2020		M		500	A	$3.63	500	D
Common Stock	05/20/2020		S		500	D	$17.538(1)	0	D
Common Stock	05/21/2020		M		83	A	$3.63	83	D
Common Stock	05/21/2020		S		83	D	$17.5	0	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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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
Employee Stock Option (Right to Buy)	$3.63	05/20/2020		M			500	(2)	03/01/2026	Common Stock	500	$0.00	381,986(3)	D
Employee Stock Option (Right to Buy)	$3.63	05/21/2020		M			83	(2)	03/01/2026	Common Stock	83	$0.00	381,903(3)	D

Explanation of Responses:

1. The prices reported in Column 4 are weighted average prices. These shares were sold in multiple transactions at prices ranging from $17.50 to $17.60, inclusive. The reporting person undertakes to provide to Mastech Digital, Inc., any security holder of Mastech Digital, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

2. 50,000 shares vested on March 1, 2017 and thereafter vest in equal 50,000 share installments through July 26, 2021.

3. This amount has been adjusted pursuant to a stock split declared by Mastech Digital, Inc. on July 24, 2018

Remarks:

	/s/ James J. Barnes, attorney in fac	05/22/2020
	** Signature of Reporting Person	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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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