SEC Form 4 · accession 0001127602-16-060561
Mistras Group, Inc. · MG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis Bertolotti
Officer — President and COO
Period of report
Aug 16, 2016
Accepted (ET)
Aug 17, 2016 · 6:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001436126
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 16, 2016 | M | 21,000 | $10.00 | A | 101,062 | D | |
| Common StockF1 | Aug 16, 2016 | A | 27,865 | $0.00 | A | 128,927 | D | |
| Common StockF2 | Aug 16, 2016 | A | 10,000 | $0.00 | A | 138,927 | D | |
| Common StockF3 | Aug 16, 2016 | S | 21,000 | $24.97 | D | 117,927 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $10.00 | Aug 16, 2016 | M | 21,000 | D | Apr 9, 2010 | Apr 9, 2019 | Common Stock | 21,000 | 5,000 | D |
Explanation of responses
- F1Transaction represents an award of restricted stock units for payment of a performance award earned, which vests 25% per year on May 31 in 2017, 2018, 2019 and 2020.
- F2Transaction represents an award of restricted stock units which vest 25% per year on each of the first four anniversary dates of the award.
- F3The price on this line represents the weighted average price for the transactions reported on this line. The range of prices for the transactions reported on this line was $24.94 to $25.01. Upon request by the Commission staff or a security holder of the issuer, the full information regarding the number of shares sold at each separate price shall be provided. This information has been provided to the issuer.