Bradford R. Rich - 20 Mar 2023 Form 4 Insider Report for MESA AIR GROUP INC (MESA)

Role
EVP & Chief Operating Officer
Signature
/s/ Bradford Rich
Issuer symbol
MESA
Transactions as of
20 Mar 2023
Net transactions value
-$32,504
Form type
4
Filing time
22 Mar 2023, 16:38:52 UTC
Previous filing
11 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MESA Common Stock Options Exercise $0 +21,300 +46% $0.000000 67,794 20 Mar 2023 Direct
transaction MESA Common Stock Tax liability $21,357 -10,170 -15% $2.10 57,624 20 Mar 2023 Direct
transaction MESA Common Stock Options Exercise $0 +4,607 +8% $0.000000 62,231 20 Mar 2023 Direct
transaction MESA Common Stock Tax liability $4,620 +2,200 +3.8% $2.10 60,031 20 Mar 2023 Direct
transaction MESA Common Stock Options Exercise $0 +15,723 +26% $0.000000 75,754 20 Mar 2023 Direct
transaction MESA Common Stock Tax liability $15,767 -7,508 -9.9% $2.10 68,246 20 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 Unit Award Award $0 +95,238 +135% $0.000000 165,527 14 Mar 2023 Common Stock 95,238 $0.000000 Direct F1
transaction MESA Restricted Stock Unit Options Exercise $0 -21,300 -13% $0.000000 144,227 20 Mar 2023 Common Stock 21,300 $0.000000 Direct F2
transaction MESA Restricted Stock Unit Options Exercise $0 -4,607 -3.2% $0.000000 139,620 20 Mar 2023 Common Stock 4,607 $0.000000 Direct F3
transaction MESA Restricted Stock Unit Options Exercise $0 -15,723 -11% $0.000000 123,897 20 Mar 2023 Common Stock 15,723 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive, on a one-for-one basis, common stock of the Issuer. An RSU award of 95,238 was granted under the 2018 Equity Incentive Plan on March 14, 2023. This award shall vest annually in three equal installments beginning on March 20, 2024, March 20, 2025 and March 20, 2026, until fully vested.
F2 A restricted stock unit award of 63,898 was granted under the 2018 Equity Incentive Plan on March 26, 2020. This award is fully vested.
F3 A restricted stock unit award of 13,822 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.
F4 A restricted stock unit award was granted under the 2018 Equity Incentive Plan on March 23, 2022. This award will vest as follows: 15,723 on March 20, 2023, 15,723 on March 20, 2024, and 15,724 on March 20, 2025.