Jonathan Ornstein - Jun 1, 2022 Form 4 Insider Report for MESA AIR GROUP INC (MESA)

Role
CEO
Signature
/s/Jonathan Ornstein
Stock symbol
MESA
Transactions as of
Jun 1, 2022
Transactions value $
-$163,975
Form type
4
Date filed
6/3/2022, 01:24 PM
Previous filing
Jun 3, 2021
Next filing
Jun 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MESA Common Stock Options Exercise $0 +29.2K +5% $0.00 614K Jun 1, 2022 Direct
transaction MESA Common Stock Options Exercise $0 +79.6K +12.96% $0.00 694K Jun 1, 2022 Direct
transaction MESA Common Stock Options Exercise $0 +27.2K +3.93% $0.00 721K Jun 1, 2022 Direct
transaction MESA Common Stock Tax liability -$164K -56.5K -7.84% $2.90 665K Jun 1, 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 -29.2K -10.82% $0.00 241K Jun 1, 2022 Common Stock 29.2K $0.00 Direct F1
transaction MESA Restricted Stock Award Options Exercise $0 -79.6K -29.46% $0.00 191K Jun 1, 2022 Common Stock 79.6K $0.00 Direct F2
transaction MESA Restricted Stock Award Options Exercise $0 -27.2K -10.08% $0.00 243K Jun 1, 2022 Common Stock 27.2K $0.00 Direct F3
transaction MESA Restricted Stock Award Award $0 +202K +83.32% $0.00 445K Jun 1, 2022 Common Stock 202K $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 87,719 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 238,806 was granted under the 2018 Equity Incentive Plan on June 1, 2020. The final tranche of this award will vest 79,602 shares on June 1, 2023.
F3 A restricted stock award of 81,716 shares was granted under the 2018 Equity Incentive Plan on June 1, 2021. Additional tranches of this award will vest as follows: 27,239 shares on June 1, 2023; and 27,239 shares on June 1, 2024.
F4 A restricted stock award of 202,405 shares was granted under the 2018 Equity Incentive Plan on June 1, 2022. Tranches of this award will vest annually in equal one third increments.