Mistras Group, Inc. — Director's Dealing 2022

Mar 16, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Mistras Group, Inc. (MG)
CIK: 0001436126
Period of Report: 2022-03-14

Reporting Person: Bertolotti Dennis (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-14	Common Stock	A	75607	—	Acquired	401819	Direct
2022-03-14	Common Stock	C	28767	—	Acquired	430586	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-14	Performance Share Unit	$0	C	28767	Disposed		Common Stock (28767)	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.