ERIC M. LESLIE - 02 Mar 2022 Form 4 Insider Report for META MATERIALS INC.

Role
Director
Signature
/s/ Ken Rice, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
02 Mar 2022
Net transactions value
-$0.6
Form type
4
Filing time
04 Mar 2022, 18:05:28 UTC
Previous filing
28 Apr 2022
Next filing
06 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMAT Common Stock Exercise of in-the-money or at-the-money derivative security $29,142 +74,724 +14% $0.3900 591,324 02 Mar 2022 Direct
transaction MMAT Common Stock Tax liability $29,143 -13,944 -2.4% $2.09* 577,380 02 Mar 2022 Direct 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
transaction MMAT Warrant (right to buy) Exercise of in-the-money or at-the-money derivative security $0 -74,724 -100% $0.000000* 0 02 Mar 2022 Common Stock 74,724 $0.3900 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 2, 2022, the reporting person exercised a warrant to purchase 74,724 shares of MMAT common stock for $0.39 a share. The reporting person paid the exercise price on a cashless basis, resulting in MMAT's withholding of 13,944 of the warrant shares to pay the exercise the price and issuing the reporting person the remaining 60,780 shares.
F2 Warrant is immediately exercisable.