Edward J. Prajzner - Mar 22, 2022 Form 4 Insider Report for Mistras Group, Inc. (MG)

Role: EVP, CFO and Treasurer
Signature: /s/ Michael C. Keefe, attorney-in-fact for Edward J. Prajzner
Stock symbol: MG
Transactions as of: Mar 22, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/22/2022, 07:02 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	+12.2K	+18.3%	$0.00	79K	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 Restricted Stock Units	Award	$0	+18.3K		$0.00	18.3K	Mar 22, 2022	Common Stock	18.3K	$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.