Michael Lotz - 01 Jun 2021 Form 4 Insider Report for MESA AIR GROUP INC (MESA)

Role
President & Chief Officer
Signature
/s/ Michael J. Lotz
Issuer symbol
MESA
Transactions as of
01 Jun 2021
Net transactions value
-$468,324
Form type
4
Filing time
03 Jun 2021, 10:24:17 UTC
Next filing
02 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MESA Common Stock Options Exercise $0 +28,928 +16% $0.000000 204,286 01 Jun 2021 Direct
transaction MESA Common Stock Options Exercise $0 +23,158 +11% $0.000000 227,444 01 Jun 2021 Direct
transaction MESA Common Stock Options Exercise $0 +63,044 +28% $0.000000 290,488 01 Jun 2021 Direct
transaction MESA Common Stock Tax liability $468,324 -47,837 -16% $9.79* 242,651 01 Jun 2021 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 -28,928 -11% $0.000000 235,450 01 Jun 2021 Common Stock 28,928 $0.000000 Direct F1
transaction MESA Restricted Stock Award Options Exercise $0 -23,158 -9.8% $0.000000 212,292 01 Jun 2021 Common Stock 23,158 $0.000000 Direct F2
transaction MESA Restricted Stock Award Options Exercise $0 -63,044 -30% $0.000000 149,248 01 Jun 2021 Common Stock 63,044 $0.000000 Direct F3
transaction MESA Restricted Stock Award Award $0 +64,719 +43% $0.000000 213,967 01 Jun 2021 Common Stock 64,719 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A restricted stock award of 314,303 shares was granted under the 2018 Equity Incentive Plan on August 10, 2018. This is the final tranche of this award.
F2 A restricted stock award of 69,474 shares was granted under the 2018 Equity Incentive Plan on June 1, 2019. The final tranche of this award will vest 23,158 shares on June 1, 2022.
F3 A restricted stock award of 189,134 was granted under the 2018 Equity Incentive Plan on June 1, 2020. Additional tranches of this award will vest as follows: 63,045 shares on June 1, 2022; and 63,045 shares on June 1, 2023.
F4 A restricted stock award of 64,719 was granted under the 2018 Equity Incentive Plan on June 1, 2021. Tranches of this award will vest annually in equal one third increments.