Jonathan Ornstein - Jun 2, 2025 Form 4 Insider Report for MESA AIR GROUP INC (MESA)

Role
CEO
Signature
/s/ Jonathan Ornstein
Stock symbol
MESA
Transactions as of
Jun 2, 2025
Transactions value $
$0
Form type
4
Date filed
6/3/2025, 06:10 PM
Previous filing
Jun 20, 2024
Next filing
Jun 20, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
ORNSTEIN JONATHAN G CEO 410 N. 44TH STREET SUITE 700, PHOENIX /s/ Jonathan Ornstein 2025-06-03 0001054973

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MESA Common stock Options Exercise $0 +67.5K +8.13% $0.00 898K Jun 1, 2025 Direct
transaction MESA Common stock Options Exercise $0 +24.1K +2.69% $0.00 922K Jun 1, 2025 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 -67.5K -17.75% $0.00 313K Jun 1, 2025 Common stock 67.5K $0.00 Direct F1
transaction MESA Restricted Stock Award Options Exercise $0 -24.1K -7.72% $0.00 289K Jun 1, 2025 Common stock 24.1K $0.00 Direct F2
transaction MESA Restricted Stock Award Award $0 +187K +64.92% $0.00 476K Jun 2, 2025 Common stock 187K $0.00 Direct F3
* 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 202,405 shares was granted under the 2018 Equity Incentive Plan on June 1, 2022. This is the final tranche of this award.
F2 A restricted stock award of 72,421 shares was granted under the 2018 Equity Incentive Plan on June 1, 2023.The final tranche of this award will vest 24,141 shares on June 1, 2026.
F3 A restricted stock award of 187,338 shares was granted under the 2018 Equity Incentive Plan on June 2, 2025. Tranches of this award will vest annually in equal one third increments. Pursuant to the terms of the Company's equity plan and the underlying award agreement, vesting may accelerate upon a change in control, including the pending merger with Republic Airways Holdings Inc., if consummated prior to the scheduled vesting date.