Brian Archbold - Jun 15, 2021 Form 4 Insider Report for MESA LABORATORIES INC /CO/ (MLAB)

Role
VP of Continuous Improvement
Signature
John Sakys under Power of Attorney by Brian Archbold
Stock symbol
MLAB
Transactions as of
Jun 15, 2021
Transactions value $
-$92,418
Form type
4
Date filed
6/16/2021, 04:05 PM
Next filing
Jun 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLAB Common Stock Options Exercise $0 +70 +45.45% $0.00 224 Jun 15, 2021 Direct
transaction MLAB Common Stock Options Exercise $0 +277 +123.66% $0.00 501 Jun 15, 2021 Direct
transaction MLAB Common Stock Options Exercise $0 +419 +83.63% $0.00 920 Jun 15, 2021 Direct
transaction MLAB Common Stock Tax liability -$92.4K -351 -38.15% $263.30 569 Jun 15, 2021 Direct F6

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 MLAB Restricted Stock Units - 1 Options Exercise $0 -70 -33.33% $0.00 140 Jun 15, 2021 Common Stock 70 Direct F1, F2, F3
transaction MLAB Restricted Stock Unit - 2 Options Exercise $0 -277 -34.11% $0.00 535 Jun 15, 2021 Common Stock 277 Direct F1, F3, F4
transaction MLAB Restricted Stock Unit - 3 Options Exercise $0 -419 -100% $0.00* 0 Jun 15, 2021 Common Stock 0 Direct F1, F3, F5
* 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 a contingent right to receive one share of the Issuer's common stock
F2 Restricted Stock Units that vest 1/5 on June 15, 2019 and each of the next four anniversary dates
F3 Not Applicable
F4 Restricted Stock Units that vest 1/3 on June 15, 2021 and each of the next two anniversary dates
F5 Restricted Stock Units granted for 10% salary reduction for the twelve months ended May 31, 2021 and 60% of cash bonus target for Fiscal Year 2021.
F6 Represents shares of common stock received by Mesa Labs for tax withholding purposes in connection with the net-settlement on the issuance of shares of common stock in respect to the vested RSUs.