Georgios Palikaras - 19 Nov 2021 Form 4 Insider Report for META MATERIALS INC.

Role
CEO and President, Director, 10%+ Owner
Signature
/s/ Ken Rice, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
19 Nov 2021
Net transactions value
-$2,587,319
Form type
4
Filing time
26 Nov 2021, 15:21:58 UTC
Previous filing
15 Aug 2022
Next filing
15 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMAT Common Stock Options Exercise $0 +1,627,709 +61% $0.000000 4,278,701 19 Nov 2021 Direct
transaction MMAT Common Stock Sale $1,444,080 -343,436 -8% $4.20* 3,935,265 19 Nov 2021 Direct F1
transaction MMAT Common Stock Sale $703,758 -174,851 -4.4% $4.02* 3,760,414 22 Nov 2021 Direct F1
holding MMAT Common Stock 3,307,775 19 Nov 2021 Held by Nadine Geddes
holding MMAT Common Stock 22,982,397 19 Nov 2021 See footnote F2

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
transaction MMAT Stock Option (Right to Buy) Options Exercise $40,961 -151,709 -100% $0.2700 0 19 Nov 2021 Common Stock 151,709 $0.2700 Direct F3
transaction MMAT Stock Option (Right to Buy) Options Exercise $398,520 -1,476,000 -50% $0.2700 1,476,000 19 Nov 2021 Common Stock 1,476,000 $0.2700 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold to satisfy option exercise expenses and the tax withholding requirements upon exercise of the options.
F2 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.
F3 100% of the Shares subject to the option vest on March 6, 2020
F4 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.