Torque Zubeck - Mar 1, 2023 Form 4 Insider Report for MESA AIR GROUP INC (MESA)

Role: CFO & Treasurer
Signature: /s/ D. Torque Zubeck
Stock symbol: MESA
Transactions as of: Mar 1, 2023
Transactions value $: -$20,159
Form type: 4
Date filed: 3/14/2023, 05:50 PM
Previous filing: Mar 25, 2022
Next filing: Mar 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership
transaction	MESA	Common Stock	Options Exercise	$0	+7.2K	+138.59%	$0.00	12.4K	Mar 1, 2023	Direct
transaction	MESA	Common Stock	Options Exercise	$0	+11.8K	+94.92%	$0.00	24.2K	Mar 1, 2023	Direct
transaction	MESA	Common Stock	Tax liability	-$20.2K	-6.42K	-26.57%	$3.14	17.7K	Mar 1, 2023	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 Units	Options Exercise	$0	-7.2K	-25%	$0.00	21.6K	Mar 1, 2023	Common Stock	7.2K	$0.00	Direct	F1
transaction	MESA	Restricted Stock Units	Options Exercise	$0	-11.8K	-33.33%	$0.00	23.5K	Mar 1, 2023	Common Stock	11.8K	$0.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents the right to receive, on a one-for-one basis, common stock of the Company. A restricted stock award of 36,000 was granted under the 2018 Equity Incentive Plan on March 1, 2021. This award will vest as follows: 7,200 shares on March 1, 2022; 7,200 shares on March 1, 2023; 7,200 shares on March 1, 2024; 7,200 shares on March 1, 2025; and 7,200 shares on March 1, 2026.
F2	Each restricted stock unit represents the right to receive, on a one-for-one basis, common stock of the Company. A restricted stock award of 35,295 was granted under the 2018 Equity Incentive Plan on March 23, 2022. This award will vest as follows: 11,765 shares on March 1, 2023; 11,765 shares on March 1, 2024; and 11,765 shares on March 1, 2025.

Content

Each restricted stock unit represents the right to receive, on a one-for-one basis, common stock of the Company. A restricted stock award of 36,000 was granted under the 2018 Equity Incentive Plan on March 1, 2021. This award will vest as follows: 7,200 shares on March 1, 2022; 7,200 shares on March 1, 2023; 7,200 shares on March 1, 2024; 7,200 shares on March 1, 2025; and 7,200 shares on March 1, 2026.

Each restricted stock unit represents the right to receive, on a one-for-one basis, common stock of the Company. A restricted stock award of 35,295 was granted under the 2018 Equity Incentive Plan on March 23, 2022. This award will vest as follows: 11,765 shares on March 1, 2023; 11,765 shares on March 1, 2024; and 11,765 shares on March 1, 2025.