John Sakys - 15 Jun 2021 Form 4 Insider Report for MESA LABORATORIES INC /CO/ (MLAB)

Role
CFO
Signature
John Sakys
Issuer symbol
MLAB
Transactions as of
15 Jun 2021
Transactions value $
-$126,121
Form type
4
Filing time
16 Jun 2021, 17:14:50 UTC
Next filing
06 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLAB Common Stock Options Exercise $0 +405 +9.3% $0 4,755 15 Jun 2021 Direct
transaction MLAB Common Stock Options Exercise $0 +681 +14% $0 5,436 15 Jun 2021 Direct
transaction MLAB Common Stock Tax liability -$126,120 -479 -8.8% $263.3 4,957 15 Jun 2021 Direct F5

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 -405 -34% $0 784 15 Jun 2021 Common Stock 405 Direct F1, F2, F3
transaction MLAB Restricted Stock Units - 2 Options Exercise $0 -681 -100% $0* 0 15 Jun 2021 Common Stock 681 Direct F1, F3, F4
* 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 1/3 on June 15, 2021 and each of the next two anniversary dates
F3 Not Applicable
F4 RSUs granted for 10% salary reduction for the twelve months ended May 31, 2021 and 60% of cash bonus target for Fiscal Year 2021
F5 Represents shares of common stock received by Mesa Labs for tax withholding purposes in connection with the net-settlement of the issuance of shares of common stock in respect to the vested RSUs.