Form 4 for MG Mistras Group, Inc.

Accepted 2022-03-16 00:00:00 ET · period of report 2022-03-14 · accession 0001127602-22-009503 · 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	Keefe Michael C	EVP, GC	C - Cnv Deriv	$0.00	+6,709	79.8K	+9%	$0
D	2022-03-16	2022-03-14	MG	Keefe Michael C	EVP, GC	A - Grant	$0.00	+17.6K	73.1K	+32%	$0
D	2022-03-16	2022-03-14	MG	Keefe Michael C	EVP, GC	C - Cnv Deriv	$0.00	-6,709	0	-100%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-03-14	C	A	6,709	$0.00	79,839	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	17,633	$0.00	73,130	D	—	—	(F1) Represents an award of restricted stock units for payment of a performance award earned, which vest 25% on March 14, 2023 and on December 31 in 2023, 2024 and 2025.
3	Derivative	Performance Share Unit	2022-03-14	C	D	6,709	$0.00	0	D	$0.00 · — to —	6,709 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.