Brian Gillman - Jun 1, 2024 Form 4 Insider Report for MESA AIR GROUP INC (MESA)

Signature
/s/ Brian S. Gillman
Stock symbol
MESA
Transactions as of
Jun 1, 2024
Transactions value $
-$16,366
Form type
4
Date filed
6/4/2024, 05:15 PM
Previous filing
Jun 2, 2023
Next filing
Jun 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MESA Common Stock Options Exercise $0 +6.81K +7.34% $0.00 99.6K Jun 1, 2024 Direct
transaction MESA Common Stock Options Exercise $0 +16.9K +16.93% $0.00 117K Jun 1, 2024 Direct
transaction MESA Common Stock Options Exercise $0 +6.04K +5.18% $0.00 123K Jun 1, 2024 Direct
transaction MESA Common Stock Tax liability -$16.4K -13.4K -10.95% $1.22 109K Jun 1, 2024 Direct

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 MESA Restricted Stock Award Options Exercise $0 -6.81K -11.61% $0.00 51.8K Jun 1, 2024 Common stock 6.81K $0.00 Direct F1
transaction MESA Restricted Stock Award Options Exercise $0 -16.9K -32.54% $0.00 35K Jun 1, 2024 Common stock 16.9K $0.00 Direct F2
transaction MESA Restricted Stock Award Options Exercise $0 -6.04K -17.26% $0.00 28.9K Jun 1, 2024 Common stock 6.04K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 A restricted stock award of 20,429 shares was granted under the 2018 Equity Incentive Plan on June 1, 2021.This is the final tranche of this award.
F2 A restricted stock award of 50,601 shares was granted under the 2018 Equity Incentive Plan on June 1, 2022. The final tranche of this award will vest 16,867 shares on June 1, 2025.
F3 A restricted stock award of 18,105 shares was granted under the 2018 Equity Incentive Plan on June 1, 2023. Additional tranches of this award will vest as follows: 6,035 shares on June 1, 2025 and 6,035 shares on June 1, 2026.