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MESA LABORATORIES INC /CO/ Director's Dealing 2010

May 21, 2010

33153_dirs_2010-05-21_abea362b-bf10-473f-b934-cfbc930ffb83.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MESA LABORATORIES INC /CO (MLAB)
CIK: 0000724004
Period of Report: 2010-04-01

Reporting Person: Sullivan John James (Director, President and CEO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-04-01 NQ Stock Purchase Option $25.56 X 6100 Acquired 2020-04-01 Common Stock (6100) Direct
2010-04-01 Incentive Stock Purchase Option $25.56 X 3900 Acquired 2015-04-01 Common Stock (3900) Direct

Footnotes

F1: Options vest 25% on each of the first four anniversary dates