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

Role
10%+ Owner
Signature
/s/ Thomas Welch
Stock symbol
MMAT
Transactions as of
Jun 28, 2021
Transactions value $
$0
Form type
3/A - Amendment
Date filed
12/8/2021, 08:58 PM
Date Of Original Report
Oct 22, 2021
Next filing
Dec 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MMAT Common Stock 15K Jun 28, 2021 Direct
holding MMAT Series A Non-Voting Preferred Stock 30K 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 Warrant (Right to Buy) Jun 28, 2021 Common Stock 187K $0.39 Direct F1
holding MMAT Exchangeable Shares Jun 28, 2021 Common Stock 23.5M Direct F2
holding MMAT Exchangeable Shares Jun 28, 2021 Common Stock 23.1M By Spouse F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Warrant is immediately exercisable.
F2 Each Exchangeable Share, an exchangeable share of Metamaterial Exchangeco Inc., an Ontario corporation, is the economic equivalent of one share of MMAT common stock. Each Exchangeable Share holds a voting interest in Meta Materials Inc. equivalent to a share of common stock of Meta Materials Inc. and will be settled in shares of MMAT common stock upon certain events or at the election of the holder.