Form 4: Mesa Laboratories SVP Operations Brian Archbold Reports Stock Option Expiration
SEC Form 4
Brian David Archbold, SVP Operations at Mesa Laboratories, reports the expiration of unexercised non-qualified stock options.
Summary
- On January 8, 2024, Brian David Archbold, SVP Operations at Mesa Laboratories, had 290 non-qualified stock options expire unexercised.
- These options were granted on January 8, 2018, and vested in increments of 1/5 on each anniversary of the grant date.
- The exercise price of the options was $129.10.
- Following this transaction, Archbold beneficially owns 15,116 shares of Mesa Laboratories common stock.
Sentiment
Score: 5
Explanation: This is a neutral event; the expiration of stock options is a normal part of executive compensation.
Negatives
- Brian David Archbold did not exercise 290 stock options before they expired.
Industry Context
This is a routine disclosure related to executive compensation and stock option management, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 01/08/2018 | Grant date of the non-qualified stock options |
| 01/08/2019 | First vesting anniversary of the non-qualified stock options |
| 01/08/2024 | Expiration date of the non-qualified stock options |
| 03/26/2024 | Date of Form 4 signature |
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