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

Role
CEO
Signature
/s/Jonathan Ornstein
Stock symbol
MESA
Transactions as of
Jun 1, 2023
Transactions value $
-$128,907
Form type
4
Date filed
6/2/2023, 07:46 PM
Previous filing
Jun 3, 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 +79.6K +11.98% $0.00 744K Jun 1, 2023 Direct
transaction MESA Common Stock Options Exercise $0 +27.2K +3.66% $0.00 771K Jun 1, 2023 Direct
transaction MESA Common Stock Options Exercise $0 +67.5K +8.75% $0.00 839K Jun 1, 2023 Direct
transaction MESA Common Stock Tax liability -$129K -77.7K -9.26% $1.66 761K 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 -79.6K -23.66% $0.00 257K Jun 1, 2023 Common Stock 79.6K $0.00 Direct F1
transaction MESA Restricted Stock Award Options Exercise $0 -27.2K -10.6% $0.00 230K Jun 1, 2023 Common Stock 27.2K $0.00 Direct F2
transaction MESA Restricted Stock Award Options Exercise $0 -67.5K -29.38% $0.00 162K Jun 1, 2023 Common Stock 67.5K $0.00 Direct F3
transaction MESA Restricted Stock Award Award $0 +72.4K +44.66% $0.00 235K Jun 1, 2023 Common Stock 72.4K $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 238,806 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 81,716 shares was granted under the 2018 Equity Incentive Plan on June 1, 2021. The final tranche of this award will vest 27,240 shares on June 1, 2024.
F3 A restricted stock award of 202,405 shares was granted under the 2018 Equity Incentive Plan on June 1, 2022. Additional tranches of this award will vest as follows: 67,468 shares on June 1, 2024; and 67,469 shares on June 1, 2025.
F4 A restricted stock award of 72,421 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.