Sec Form 4 Filing - ORNSTEIN JONATHAN G @ MESA AIR GROUP INC - 2018-08-10

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
ORNSTEIN JONATHAN G
2. Issuer Name and Ticker or Trading Symbol
MESA AIR GROUP INC [ MESA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chairman and CEO
(Last) (First) (Middle)
410 N. 44TH STREET, SUITE 700
3. Date of Earliest Transaction (MM/DD/YY)
08/10/2018
(Street)
PHOENIX, AZ85008
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 548,550 D
Common Stock 08/10/2018 A 255,457 ( 2 ) ( 3 ) A $ 0 804,007 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $ 0 08/10/2018 D( 1 ) 45,808 ( 1 ) ( 1 ) Common Stock 45,808 $ 0 0 D
Stock Appreciation Rights $ 1.6 08/10/2018 D( 2 ) 250,000 ( 2 ) 01/20/2024 Common Stock 250,000 $ 0 0 D
Stock Appreciation Rights $ 6.8 08/10/2018 D( 3 ) 250,000 ( 3 ) 07/20/2025 Common Stock 250,000 $ 0 0 D
Stock Appreciation Rights $ 7.1 08/10/2018 D( 4 ) 250,000 ( 4 ) 01/18/2026 Common Stock 250,000 $ 0 0 D
Restricted Stock Award $ 0 08/10/2018 D( 5 ) 75,000 ( 5 ) ( 5 ) Common Stock 75,000 $ 0 0 D
Restricted Stock Award $ 0 08/10/2018 D( 6 ) 57,973 ( 6 ) ( 6 ) Common Stock 57,973 $ 0 0 D
Restricted Stock Award $ 0 08/10/2018 D( 7 ) 75,405 ( 7 ) ( 7 ) Common Stock 75,405 $ 0 0 D
Restricted Stock Award $ 0 08/10/2018 A 407,654 01/21/2019 ( 8 ) Common Stock 407,654 $ 0 407,654 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ORNSTEIN JONATHAN G
410 N. 44TH STREET, SUITE 700
PHOENIX, AZ85008
X Chairman and CEO
Signatures
/s/ Jonathan G. Ornstein 08/14/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The restricted stock units under this grant were cancelled in exchange for shares of restricted common stock issued under the 2018 Equity Incentive Plan in a grant dated August 10, 2018.
( 2 )The stock appreciation rights under this award were cancelled in exchange for shares of restricted common stock issued under the 2018 Equity Incentive Plan in a grant dated August 10, 2018.
( 3 )The stock appreciation rights under this award were cancelled in exchange for shares of restricted common stock issued under the 2018 Equity Incentive Plan in a grant dated August 10, 2018.
( 4 )The vested stock appreciation rights under this award were cancelled in exchange for shares of restricted common stock issued under the 2018 Equity Incentive Plan in a grant dated August 10, 2018. Stock appreciation rights for 83,335 that were unvested were cancelled in exchange for unvested restricted stock under the 2018 Equity Incentive Plan in a grant dated August 10, 2018.
( 5 )The restricted stock under this grant was cancelled in exchange for shares of restricted common stock issued under the 2018 Equity Incentive Plan, in a grant dated August 10, 2018.
( 6 )The restricted stock under this grant was cancelled in exchange for shares of restricted common stock issued under the 2018 Equity Incentive Plan, in a grant dated August 10, 2018.
( 7 )The restricted stock units under this grant was cancelled in exchange for shares of restricted common stock issued under the 2018 Equity Incentive Plan in a grant dated August 10, 2018.
( 8 )A restricted stock award was granted under the 2018 Equity Incentive Plan in a grant dated August 10, 2018, and vests as follows: 43,889 shares on January 21, 2019; 155,106 shares on June 1, 2019; 37,500 shares on July 21, 2019; 97,133 shares on June 1, 2020; 37,500 shares on July 21, 2020; and 36,526 shares on June 1, 2021.

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