Form 4 for MG Mistras Group, Inc.
Accepted 2022-03-16 00:00:00 ET · period of report 2022-03-14 · accession 0001127602-22-009501 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-16 | 2022-03-14 | MG | Bertolotti Dennis | Pres, CEO, Dir | C - Cnv Deriv | $0.00 | +28.8K | 430.6K | +7% | $0 |
| D | 2022-03-16 | 2022-03-14 | MG | Bertolotti Dennis | Pres, CEO, Dir | A - Grant | $0.00 | +75.6K | 401.8K | +23% | $0 |
| D | 2022-03-16 | 2022-03-14 | MG | Bertolotti Dennis | Pres, CEO, Dir | C - Cnv Deriv | $0.00 | -28.8K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-14 | C | A | 28,767 | $0.00 | 430,586 | D | — | — | (F2) Transaction represents the conversion of performance units earned based on 2021 performance. The units earned are paid in restricted stock units which vest 25% on March 14 2023 and 25% on each of December 31, 2023, 2024 and 2025. |
| 2 | Common | Common Stock | 2022-03-14 | A | A | 75,607 | $0.00 | 401,819 | D | — | — | (F1) Represents an award of restricted stock units for payment of a performance award earned, which vests 25% on March 14, 2023 and 25% on each of December 31, 2023, 2024 and 2025. |
| 3 | Derivative | Performance Share Unit | 2022-03-14 | C | D | 28,767 | $0.00 | 0 | D | $0.00 · — to — | 28,767 Common Stock | (F3) These performance share units vest to the extent earned in 2022 based upon performance metrics for 2021. The reporting person may earn between 0 and 200% of the units reported based on performance. Once earned, these performance share units will be paid in restricted stock units which will vest over 4 years. (F2) Transaction represents the conversion of performance units earned based on 2021 performance. The units earned are paid in restricted stock units which vest 25% on March 14 2023 and 25% on each of December 31, 2023, 2024 and 2025. |