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

Role
President and CEO, Director
Signature
John Sakys under Power of Attorney by Gary Owens
Stock symbol
MLAB
Transactions as of
Jun 15, 2021
Transactions value $
-$409,958
Form type
4
Date filed
6/16/2021, 04:55 PM
Previous filing
Jun 8, 2021
Next filing
Sep 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLAB Common Stock Options Exercise $0 +1K +11.75% $0.00 9.51K Jun 15, 2021 Direct
transaction MLAB Common Stock Options Exercise $0 +706 +7.42% $0.00 10.2K Jun 15, 2021 Direct
transaction MLAB Common Stock Options Exercise $0 +1.83K +17.92% $0.00 12.1K Jun 15, 2021 Direct
transaction MLAB Common Stock Tax liability -$410K -1.56K -12.92% $263.30 10.5K Jun 15, 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 -1K -25% $0.00 3K Jun 15, 2021 Common Stock 1K Direct F1, F2, F3
transaction MLAB Restricted Stock Units - 3 Options Exercise $0 -706 -34.02% $0.00 1.37K Jun 15, 2021 Common Stock 706 Direct F1, F3, F4
transaction MLAB Restricted Stock Unit - 4 Options Exercise $0 -1.83K -100% $0.00* 0 Jun 15, 2021 Common Stock 1.83K 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