Michael Lotz - 01 Jun 2023 Form 4 Insider Report for MESA AIR GROUP INC (MESA)

Role
President & Chief Officer
Signature
/s/ Michael Lotz
Issuer symbol
MESA
Transactions as of
01 Jun 2023
Net transactions value
-$102,095
Form type
4
Filing time
02 Jun 2023, 19:41:55 UTC
Previous filing
02 Jun 2022
Next filing
04 Jun 2024
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 +63,045 +21% $0.000000 368,686 01 Jun 2023 Direct
transaction MESA Common Stock Options Exercise $0 +21,573 +5.9% $0.000000 390,259 01 Jun 2023 Direct
transaction MESA Common Stock Options Exercise $0 +53,435 +14% $0.000000 443,694 01 Jun 2023 Direct
transaction MESA Common Stock Tax liability $102,095 -61,503 -14% $1.66 382,191 01 Jun 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 -63,045 -24% $0.000000 203,451 01 Jun 2023 Common Stock 63,045 $0.000000 Direct F1
transaction MESA Restricted Stock Award Options Exercise $0 -21,573 -11% $0.000000 181,878 01 Jun 2023 Common Stock 21,573 $0.000000 Direct F2
transaction MESA Restricted Stock Award Options Exercise $0 -53,435 -29% $0.000000 128,443 01 Jun 2023 Common Stock 53,435 $0.000000 Direct F3
transaction MESA Restricted Stock Award Award $0 +56,579 +44% $0.000000 185,022 01 Jun 2023 Common Stock 56,579 $0.000000 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.