Jonathan Waldern - 15 Feb 2022 Form 4 Insider Report for META MATERIALS INC.

Role
Chief Technology Officer
Signature
/s/ Ken Rice, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
15 Feb 2022
Net transactions value
+$4,206,585
Form type
4
Filing time
12 May 2022, 21:18:43 UTC
Previous filing
29 Nov 2021
Next filing
25 Mar 2022
SEC
View on sec.gov

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) Award $1,377,930 +699,457 +49% $1.97* 2,133,762 15 Feb 2022 Common Stock 699,457 $1.97 Direct F1
transaction MMAT Stock Option (Right to Buy) Award $1,383,035 +702,048 +33% $1.97* 2,815,810 15 Feb 2022 Common Stock 702,048 $1.97 Direct F1
transaction MMAT Stock Option (Right to Buy) Award $970,434 +492,606 +17% $1.97* 3,308,416 15 Feb 2022 Common Stock 492,606 $1.97 Direct F1
transaction MMAT Stock Option (Right to Buy) Award $275,187 +174,169 +5.3% $1.58* 3,482,585 03 Mar 2022 Common Stock 174,169 $1.58 Direct F2
transaction MMAT Restricted Stock Unit Award $200,000 +126,582 $1.58* 126,582 03 Mar 2022 Common Stock 126,582 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options are fully vested.
F2 The options vest in four equal annual installments beginning on March 3, 2023 subject to continued service to the Issuer through each vesting date.
F3 Each restricted stock unit represents a contingent right to receive one share of MMAT common stock upon vest.
F4 The restricted stock units vest in four equal annual installments beginning on March 3, 2023 subject to continued service to the Issuer through each vesting date.