Michael Lotz - Jun 1, 2023 Form 4 Insider Report for MESA AIR GROUP INC (MESA)

Role
President & Chief Officer
Signature
/s/ Michael Lotz
Stock symbol
MESA
Transactions as of
Jun 1, 2023
Transactions value $
-$102,095
Form type
4
Date filed
6/2/2023, 07:41 PM
Previous filing
Jun 2, 2022
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MESA Common Stock Options Exercise $0 +63K +20.63% $0.00 369K Jun 1, 2023 Direct
transaction MESA Common Stock Options Exercise $0 +21.6K +5.85% $0.00 390K Jun 1, 2023 Direct
transaction MESA Common Stock Options Exercise $0 +53.4K +13.69% $0.00 444K Jun 1, 2023 Direct
transaction MESA Common Stock Tax liability -$102K -61.5K -13.86% $1.66 382K Jun 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 Award Options Exercise $0 -63K -23.66% $0.00 203K Jun 1, 2023 Common Stock 63K $0.00 Direct F1
transaction MESA Restricted Stock Award Options Exercise $0 -21.6K -10.6% $0.00 182K Jun 1, 2023 Common Stock 21.6K $0.00 Direct F2
transaction MESA Restricted Stock Award Options Exercise $0 -53.4K -29.38% $0.00 128K Jun 1, 2023 Common Stock 53.4K $0.00 Direct F3
transaction MESA Restricted Stock Award Award $0 +56.6K +44.05% $0.00 185K Jun 1, 2023 Common Stock 56.6K $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 189,134 was granted under the 2018 Equity Incentive Plan on June 1, 2020. 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. The final tranche of this award will vest 21,573 shares on June 1, 2024.
F3 A restricted stock award of 160,305 was granted under the 2018 Equity Incentive Plan on June 1, 2022. Additional tranches of this award will vest as follows: 53,435 shares on June 1, 2024; and 53,435 shares on June 1, 2025.
F4 A restricted stock award of 56,579 shares was granted under the 2018 Equity Incentive Plan on June 1, 2023. Tranches of this award will vest annually in equal one third increments.