Michael Lotz - Jun 1, 2021 Form 4 Insider Report for MESA AIR GROUP INC (MESA)

Role
President & Chief Officer
Signature
/s/ Michael J. Lotz
Stock symbol
MESA
Transactions as of
Jun 1, 2021
Transactions value $
-$468,324
Form type
4
Date filed
6/3/2021, 10:24 AM
Next filing
Jun 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MESA Common Stock Options Exercise $0 +28.9K +16.5% $0.00 204K Jun 1, 2021 Direct
transaction MESA Common Stock Options Exercise $0 +23.2K +11.34% $0.00 227K Jun 1, 2021 Direct
transaction MESA Common Stock Options Exercise $0 +63K +27.72% $0.00 290K Jun 1, 2021 Direct
transaction MESA Common Stock Tax liability -$468K -47.8K -16.47% $9.79* 243K Jun 1, 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 -28.9K -10.94% $0.00 235K Jun 1, 2021 Common Stock 28.9K $0.00 Direct F1
transaction MESA Restricted Stock Award Options Exercise $0 -23.2K -9.84% $0.00 212K Jun 1, 2021 Common Stock 23.2K $0.00 Direct F2
transaction MESA Restricted Stock Award Options Exercise $0 -63K -29.7% $0.00 149K Jun 1, 2021 Common Stock 63K $0.00 Direct F3
transaction MESA Restricted Stock Award Award $0 +64.7K +43.36% $0.00 214K Jun 1, 2021 Common Stock 64.7K $0.00 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.