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Mistras Group, Inc. — Director's Dealing 2023
Jan 19, 2023
33280_dirs_2023-01-18_948d993b-ff8e-4df4-8d35-3926f0128e62.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: 2023-01-09
Reporting Person: Vahaviolos Sotirios J. (Director, Executive Chairman, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-09 | Common Stock | G | 6734718 | — | Disposed | 1872159 | Direct |
Footnotes
F1: Transaction represents a gift by the reporting person to the Sotirios Vahaviolos January 2023 2-Year Grantor Retained Annuity Trust (GRAT). Dr. Vahaviolos has retained an interest in the value of the original principal contribution to the GRAT and will receive annuity payments which may be in shares If the GRAT retains the shares. Any shares retained by the GRAT after annuity payments will be distributed to the beneficiaries of the GRAT upon its termination in two years. Dr. Vahaviolos' daughter, who does not reside with him, is the trustee for the GRAT and will hold sole power over the voting and disposition of the shares held by the GRAT. Dr. Vahaviolos and the GRAT trustee have agreed that the GRAT will be subject to the issuer's insider trading compliance policy regarding the shares held by the GRAT.