Bradford Rich - Mar 20, 2022 Form 4 Insider Report for MESA AIR GROUP INC (MESA)

Role: EVP & Chief Operating Officer
Signature: /s/ Bradford Rich
Stock symbol: MESA
Transactions as of: Mar 20, 2022
Transactions value $: -$35,887
Form type: 4
Date filed: 3/22/2022, 05:35 PM
Next filing: Mar 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MESA	Common Stock	Options Exercise	$0	+21.3K	+88.63%	$0.00	45.3K	Mar 20, 2022	Direct
transaction	MESA	Common Stock	Tax liability	-$29.3K	-6.91K	-15.23%	$4.24	38.4K	Mar 20, 2022	Direct
transaction	MESA	Common Stock	Options Exercise	$0	+4.61K	+11.99%	$0.00	43K	Mar 20, 2022	Direct
transaction	MESA	Common Stock	Tax liability	-$6.61K	-1.56K	-3.62%	$4.24	41.5K	Mar 20, 2022	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	-21.3K	-33.59%	$0.00	42.1K	Mar 20, 2022	Common Stock	21.3K	$0.00	Direct	F1
transaction	MESA	Restricted Stock Award	Options Exercise	$0	-4.61K	-33.33%	$0.00	9.22K	Mar 20, 2022	Common Stock	4.61K	$0.00	Direct	F2

* 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 63,898 shares was granted under the 2018 Equity Incentive Plan on March 26, 2020. Additional tranches of this award will vest as follows: 21,300 shares on March 20, 2023.
F2	A restricted stock award of 13,822 shares was granted under the 2018 Equity Incentive Plan on March 20, 2021. These restricted stock units shall vest annually in equal one-third increments beginning on March 20, 2022, until fully vested.