Gary Owens - Sep 1, 2023 Form 4 Insider Report for MESA LABORATORIES INC /CO/ (MLAB)

Signature
John Sakys under Power of Attorney by Gary Owens
Stock symbol
MLAB
Transactions as of
Sep 1, 2023
Transactions value $
-$12,800
Form type
4
Date filed
9/5/2023, 04:34 PM
Previous filing
Jun 26, 2023
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLAB Common Stock Options Exercise $273K +2K +6.66% $136.42 32K Sep 1, 2023 Direct
transaction MLAB Common Stock Sale -$286K -2K -6.24% $142.82 30K Sep 1, 2023 Direct F2

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 Non Qualified Stock Options Exercise of in-the-money or at-the-money derivative security $0 -2K -1.97% $0.00 99.8K Sep 1, 2023 Common Stock 2K $136.42 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 1/5 exercisable on each anniversary date of the 09-01-2017 grant date
F2 Sale reported on this Form 4 was effected pursuant to a Rule 10B5-1 trading plan adopted by the reporting person on May 30, 2023