Daniel Torque Zubeck - 01 Mar 2023 Form 4 Insider Report for MESA AIR GROUP INC (MESA)

Signature
/s/ D. Torque Zubeck
Issuer symbol
MESA
Transactions as of
01 Mar 2023
Net transactions value
-$20,159
Form type
4
Filing time
14 Mar 2023, 17:50:02 UTC
Previous filing
25 Mar 2022
Next filing
15 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MESA Common Stock Options Exercise $0 +7,200 +139% $0.000000 12,395 01 Mar 2023 Direct
transaction MESA Common Stock Options Exercise $0 +11,765 +95% $0.000000 24,160 01 Mar 2023 Direct
transaction MESA Common Stock Tax liability $20,159 -6,420 -27% $3.14 17,740 01 Mar 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 -7,200 -25% $0.000000 21,600 01 Mar 2023 Common Stock 7,200 $0.000000 Direct F1
transaction MESA Restricted Stock Units Options Exercise $0 -11,765 -33% $0.000000 23,530 01 Mar 2023 Common Stock 11,765 $0.000000 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.