Form 4 for MG Mistras Group, Inc.
Accepted 2023-01-18 00:00:00 ET · period of report 2023-01-09 · accession 0001127602-23-001677 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-01-18 | 2023-01-09 | MG | Vahaviolos Sotirios J. | Executive COB, Dir, 10% | G - Gift | $0.00 | -6.73M | 1.87M | -78% | $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 | 2023-01-09 | G | D | 6,734,718 | $0.00 | 1,872,159 | D | — | — | (F1) Transaction represents a gift by the reporting person to the Sotirios Vahaviolos January 2023 2-Year Grantor Retained Annuity Trust (GRAT). Dr. Vahaviolos has retained an interest in the value of the original principal contribution to the GRAT and will receive annuity payments which may be in shares If the GRAT retains the shares. Any shares retained by the GRAT after annuity payments will be distributed to the beneficiaries of the GRAT upon its termination in two years. Dr. Vahaviolos' daughter, who does not reside with him, is the trustee for the GRAT and will hold sole power over the voting and disposition of the shares held by the GRAT. Dr. Vahaviolos and the GRAT trustee have agreed that the GRAT will be subject to the issuer's insider trading compliance policy regarding the shares held by the GRAT. |