Maurice Guitton - 04 Mar 2022 Form 4/A - Amendment Insider Report for META MATERIALS INC.

Role
Director
Signature
/s/ Ken Rice, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
04 Mar 2022
Net transactions value
+$0.22
Form type
4/A - Amendment
Filing time
11 Mar 2022, 05:30:27 UTC
Date Of Original Report
08 Mar 2022
Previous filing
28 Apr 2022
Next filing
06 Apr 2023

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 $2,919 +7,485 $0.3900 7,485 04 Mar 2022 Direct
transaction MMAT Common Stock Tax liability $2,919 -1,813 -24% $1.61* 5,672 04 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 -7,485 -100% $0.000000* 0 04 Mar 2022 Common Stock 7,485 $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 4, 2022, the reporting person exercised a warrant to purchase 7,485 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 1,813 of the warrant shares to pay the exercise the price and issuing the reporting person the remaining 5,672 shares.
F2 Warrant is immediately exercisable.