Lange Michael J. 4
4 · Mistras Group, Inc. · Filed Mar 20, 2023
Insider Transaction Report
Form 4
Lange Michael J.
DirectorGroup EVP, Services
Transactions
- Other
Performance Share Unit
2023-03-17−10,260→ 0 totalExercise: $0.00→ Common Stock (10,260 underlying) - Tax Payment
Common Stock
2023-03-17$5.62/sh−1,284$7,216→ 348,699 total - Tax Payment
Common Stock
2023-03-17$5.58/sh−3,249$18,129→ 349,983 total
Footnotes (3)
- [F1]Represents shares withheld for payment of tax liability as a result of the vesting of restricted stock units.
- [F2]Transaction represents the expiration and forfeiture of performance units which were not earned because of the failure to meet the performance conditions.
- [F3]These performance share units vest to the extent earned in 2023 based upon performance metrics for 2022. 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.