UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
Amendment No. 1
CURRENT REPORT
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| Item 8.01 | Other Events |
This Form 8-K/A (the “Amendment”) amends the Current Report on Form 8-K filed by Bowman Consulting Group Ltd. (the “Company”) with the Securities and Exchange Commission (“SEC”) on June 7, 2022 (the “Original Form 8-K”).
The Original Form 8-K reported that on May 31, 2022, Gary Bowman, the Chief Executive Officer, President, and Director of the Company entered into a stock trading plan pursuant to Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the “10b5-1 Plan”) and the Company’s insider trading policy. The 10b5-1 Plan relates to the sales of up to 30,000 shares of Company common stock, subject to the terms and conditions of the 10b5-1 Plan, during a 12-month period from September 2022 through August 2023.
This Amendment is to provide certain additional information regarding the terms of the 10b5-1 which permits sales of up to 5,000 shares per month during the first six months, subject to a minimum price of $16.00 per share, with a rolling cumulative catch-up provision. As of May 11, 2022, Mr. Bowman beneficially owned approximately 2.7 million shares of the Company’s common stock; accordingly, the maximum number of shares that may be sold under the 10b-5-1 Plan represent approximately 1.1% of Mr. Bowman’s holdings.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BOWMAN CONSULTING GROUP LTD. | ||||||
| Date: June 10, 2022 | By: | /s/ Bruce Labovitz | ||||
| Bruce Labovitz | ||||||
| Chief Financial Officer | ||||||