Dennis Bertolotti - Mar 22, 2022 Form 4 Insider Report for Mistras Group, Inc. (MG)

Role
President and CEO, Director
Signature
Michael C. Keefe, attorney-in-fact for Dennis Bertolotti
Stock symbol
MG
Transactions as of
Mar 22, 2022
Transactions value $
$0
Form type
4
Date filed
3/22/2022, 06:45 PM
Previous filing
Mar 16, 2022
Next filing
Mar 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MG Common Stock Award $0 +38.2K +8.86% $0.00 469K Mar 22, 2022 Direct F1

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 MG Performance Share Unit Award $0 +57.3K $0.00 57.3K Mar 22, 2022 Common Stock 57.3K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units that will vest 25% on each anniversary of the award.
F2 These performance share units vest to the extent earned in 2023 based upon performance metrics for 2022. The reporting person may earn between 0 and 200% of the units reported based on performance. Once earned, these performance share units will be paid in restricted stock units which will vest over 4 years.