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Mistras Group, Inc. — Director's Dealing 2022
Mar 16, 2022
33280_dirs_2022-03-16_813a94e8-676e-4071-a10f-5fab70412c7b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Mistras Group, Inc. (MG)
CIK: 0001436126
Period of Report: 2022-03-14
Reporting Person: Lange Michael J. (Senior EVP)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-14 | Common Stock | A | 22178 | — | Acquired | 340995 | Direct |
| 2022-03-14 | Common Stock | C | 8438 | — | Acquired | 349433 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-14 | Performance Share Unit | $0 | C | 8438 | Disposed | Common Stock (8438) | Direct |
Footnotes
F1: Represents an award of restricted stock units for payment of a performance award earned, which vests 25% on March 14, 2023 and 25% on each of December 31. 2023, 2024 and 2025.
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.
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.