Georgios Palikaras - Jun 28, 2021 Form 3/A - Amendment Insider Report for META MATERIALS INC. (MMAT)

Role
CEO and President, Director, 10%+ Owner
Signature
/s/ Ken Rice, as Attorney-in-Fact
Stock symbol
MMAT
Transactions as of
Jun 28, 2021
Transactions value $
$0
Form type
3/A - Amendment
Date filed
9/29/2021, 05:34 PM
Date Of Original Report
Jul 8, 2021
Next filing
Nov 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MMAT Common Stock 2.65M Jun 28, 2021 Direct
holding MMAT Common Stock 3.31M Jun 28, 2021 Held by Nadine Geddes
holding MMAT Common Stock 23M Jun 28, 2021 See Footnote F1

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 152K $0.27 Direct F2
holding MMAT Stock Option (Right to Buy) Jun 28, 2021 Common Stock 2.95M $0.27 Direct F3
holding MMAT Deferred Stock Units Jun 28, 2021 Common Stock 1.46M Direct F4
holding MMAT Warrant (Right to Buy) Jun 28, 2021 Common Stock 7.49K $0.39 Direct F5
holding MMAT Stock Option (Right to Buy) Jun 28, 2021 Common Stock 107K $0.27 Held by Nadine Geddes F6
holding MMAT Stock Option (Right to Buy) Jun 28, 2021 Common Stock 49.8K $0.27 Held by Nadine Geddes F7
holding MMAT Deferred Stock Units Jun 28, 2021 Common Stock 325K Held by Nadine Geddes F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities held by Lamda Guard Technologies Ltd. Georgios Palikaras and Nadine Geddes hold a percentage of Lamda Guard Technologies Ltd. Georgios Palikaras and Nadine Geddes each disclaim beneficial ownership of the shares held by Lamda Guard Technologies Ltd. except to the extent of his or her pecuniary interest therein, if any.
F2 100% of the Shares subject to the option vest on March 6, 2020.
F3 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 March 23, 2021, such that the shares are fully vested on March 23, 2022.
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.
F6 Subject to the optionee continuing to provide services to the company, 25% of the shares subject to the option will vest on the one year anniversary of the vesting commencement date, and thereafter the remaining shares subject to the option will vest in equal monthly installments over the next 36 months on the same day of the month as the vesting commencement date. The vesting commencement date is December 1, 2018.
F7 Subject to the optionee continuing to provide services to the company, 25% of the shares subject to the option will vest on the one year anniversary of the vesting commencement date, and thereafter the remaining shares subject to the option will vest in equal monthly installments over the next 36 months on the same day of the month as the vesting commencement date. The vesting commencement date is December 15, 2020.

Remarks:

Exhibit 24: Powers of Attorney