Gary M. Owens - 15 Jun 2021 Form 4 Insider Report for MESA LABORATORIES INC /CO/ (MLAB)

Signature
John Sakys under Power of Attorney by Gary Owens
Issuer symbol
MLAB
Transactions as of
15 Jun 2021
Net transactions value
-$409,958
Form type
4
Filing time
16 Jun 2021, 16:55:24 UTC
Previous filing
08 Jun 2021
Next filing
01 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLAB Common Stock Options Exercise $0 +1,000 +12% $0.000000 9,513 15 Jun 2021 Direct
transaction MLAB Common Stock Options Exercise $0 +706 +7.4% $0.000000 10,219 15 Jun 2021 Direct
transaction MLAB Common Stock Options Exercise $0 +1,831 +18% $0.000000 12,050 15 Jun 2021 Direct
transaction MLAB Common Stock Tax liability $409,958 -1,557 -13% $263.30 10,493 15 Jun 2021 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 MLAB Restricted Stock Unit - 2 Options Exercise $0 -1,000 -25% $0.000000 3,000 15 Jun 2021 Common Stock 1,000 Direct F1, F2, F3
transaction MLAB Restricted Stock Units - 3 Options Exercise $0 -706 -34% $0.000000 1,369 15 Jun 2021 Common Stock 706 Direct F1, F3, F4
transaction MLAB Restricted Stock Unit - 4 Options Exercise $0 -1,831 -100% $0.000000* 0 15 Jun 2021 Common Stock 1,831 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 RSU represents a contingent right to receive one share of the Issuer's common stock
F2 RSUs that vest 1/5 on June 15, 2020 and each of the next four anniversary dates
F3 Not Applicable
F4 RSUs that vest 1/3 on June 15, 2021 and each of the next two anniversary dates
F5 RSUs granted for 15% salary reduction for the twelve months ended May 31, 2021 and 60% of cash bonus target for Fiscal Year 2021