Georgios Palikaras - 03 Mar 2022 Form 4 Insider Report for META MATERIALS INC.

Role
CEO and President, Director
Signature
/s/ Ken Rice, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
03 Mar 2022
Net transactions value
+$1,900,746
Form type
4
Filing time
12 May 2022, 21:21:10 UTC
Previous filing
15 Feb 2022
Next filing
28 Jun 2023
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 $1,100,746 +696,675 +47% $1.58* 2,172,676 03 Mar 2022 Common Stock 696,675 $1.58 Direct F1
transaction MMAT Restricted Stock Unit Award $800,000 +506,329 $1.58* 506,329 03 Mar 2022 Common Stock 506,329 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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