Michael Lotz - 01 Jun 2022 Form 4 Insider Report for MESA AIR GROUP INC (MESA)

Signature
/s/ Michael Lotz
Issuer symbol
MESA
Transactions as of
01 Jun 2022
Net transactions value
-$129,865
Form type
4
Filing time
02 Jun 2022, 17:48:37 UTC
Previous filing
03 Jun 2021
Next filing
02 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MESA Common Stock Options Exercise $0 +23,158 +9.5% $0.000000 265,809 01 Jun 2022 Direct
transaction MESA Common Stock Options Exercise $0 +21,573 +8.1% $0.000000 287,382 01 Jun 2022 Direct
transaction MESA Common Stock Options Exercise $0 +63,045 +22% $0.000000 350,427 01 Jun 2022 Direct
transaction MESA Common Stock Tax liability $129,865 -44,781 -13% $2.90 305,646 01 Jun 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 -23,158 -11% $0.000000 190,809 01 Jun 2022 Common Stock 23,158 $0.000000 Direct F1
transaction MESA Restricted Stock Award Options Exercise $0 -21,573 -11% $0.000000 169,236 01 Jun 2022 Common Stock 21,573 $0.000000 Direct F2
transaction MESA Restricted Stock Award Options Exercise $0 -63,045 -37% $0.000000 106,191 01 Jun 2022 Common Stock 63,045 $0.000000 Direct F3
transaction MESA Restricted Stock Award Award $0 +160,305 +151% $0.000000 266,496 01 Jun 2022 Common Stock 160,305 $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 69,474 shares was granted under the 2018 Equity Incentive Plan on June 1, 2019. This is the final tranche of this award.
F2 A restricted stock award of 64,719 was granted under the 2018 Equity Incentive Plan on June 1, 2021. Additional tranches of this award will vest as follows: 21,573 shares on June 1, 2023; and 21,573 shares on June 1, 2024.
F3 A restricted stock award of 189,134 was granted under the 2018 Equity Incentive Plan on June 1, 2020. The final tranche of this award will vest 63,045 shares on June 1, 2023.
F4 A restricted stock award of 160,305 was granted under the 2018 Equity Incentive Plan on June 1, 2022. Tranches of this award will vest annually in equal one third increments.