Sec Form 4 Filing - ORNSTEIN JONATHAN G @ MESA AIR GROUP INC - 2023-06-01

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
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)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CEO
(Last) (First) (Middle)
410 N. 44TH STREET SUITE 700
3. Date of Earliest Transaction (MM/DD/YY)
06/01/2023
(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 06/01/2023 M 79,602 A $ 0 744,106 D
Common Stock 06/01/2023 M 27,238 A $ 0 771,344 D
Common Stock 06/01/2023 M 67,468 A $ 0 838,812 D
Common Stock 06/01/2023 F 77,655 D $ 1.66 761,157 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 Der ivative 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 Award $ 0 06/01/2023 M 79,602 06/01/2023 ( 1 ) Common Stock 79,602 $ 0 256,883 D
Restricted Stock Award $ 0 06/01/2023 M 27,238 06/01/2023 ( 2 ) Common Stock 27,238 $ 0 229,645 D
Restricted Stock Award $ 0 06/01/2023 M 67,468 06/01/2023 ( 3 ) Common Stock 67,468 $ 0 162,177 D
Restricted Stock Award $ 0 06/01/2023 A 72,421 06/01/2023 ( 4 ) Common Stock 72,421 $ 0 234,598 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ORNSTEIN JONATHAN G
410 N. 44TH STREET SUITE 700
PHOENIX, AZ85008
CEO
Signatures
/s/Jonathan Ornstein 06/02/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )A restricted stock award of 238,806 was granted under the 2018 Equity Incentive Plan on June 1, 2020. This is the final tranche of this award.
( 2 )A restricted stock award of 81,716 shares was granted under the 2018 Equity Incentive Plan on June 1, 2021. The final tranche of this award will vest 27,240 shares on June 1, 2024.
( 3 )A restricted stock award of 202,405 shares was granted under the 2018 Equity Incentive Plan on June 1, 2022. Additional tranches of this award will vest as follows: 67,468 shares on June 1, 2024; and 67,469 shares on June 1, 2025.
( 4 )A restricted stock award of 72,421 shares was granted under the 2018 Equity Incentive Plan on June 1, 2023. Tranches of this award will vest annually in equal one third increments.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.