Maurice Guitton - Jun 28, 2021 Form 3 Insider Report for META MATERIALS INC. (MMAT)

Role
Director
Signature
/s/ Ken Rice, as Attorney-in-Fact
Stock symbol
MMAT
Transactions as of
Jun 28, 2021
Transactions value $
$0
Form type
3
Date filed
7/8/2021, 08:58 PM
Next filing
Apr 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MMAT Common Stock 15K Jun 28, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MMAT Stock Option (Right to Buy) Jun 28, 2021 Common Stock 435K $0.27 Direct F1
holding MMAT Stock Option (Right to Buy) Jun 28, 2021 Common Stock 226K $0.27 Direct F2
holding MMAT Stock Option (Right to Buy) Jun 28, 2021 Common Stock 554K $0.27 Direct F3
holding MMAT Deferred Stock Units Jun 28, 2021 Common Stock 228K Direct F4
holding MMAT Deferred Stock Units Jun 28, 2021 Common Stock 107K Direct F4
holding MMAT Warrant (Right to Buy) Jun 28, 2021 Common Stock 7.48K $0.39 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to the reporting person continuing to provide services to the company through each vesting event, 50% of the shares subject to the option will vest annually over two years beginning on April 30, 2017, such that the shares are fully vested on April 30, 2018.
F2 100% of the shares subject to the option vest on August 9, 2019.
F3 Subject to the reporting person continuing to provide services to the company through each vesting event, 1/3 of the shares subject to the option will vest annually over three years beginning on March 23, 2021, such that the shares are fully vested on March 23, 2023.
F4 Each Deferred Stock Unit (DSU) represents a vested right to receive the value of one share of the Company's common stock on the applicable settlement dates. DSUs do not have an expiration date.
F5 Warrant is immediately exercisable.

Remarks:

Exhibit 24 - Power of Attorney