Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MMAT | Common Stock | Options Exercise | $650K | +1M | +40.81% | $0.65 | 3.45M | Oct 3, 2022 | By Spouse | F1 |
transaction | MMAT | Common Stock | Options Exercise | $960K | +1.5M | $0.64 | 1.5M | Oct 4, 2022 | By Rotifer Foundation, Inc. | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MMAT | Exchangeable Shares | Gift | $0 | -1M | -4.71% | $0.00 | 20.2M | Sep 12, 2022 | Common Stock | 1M | Direct | F3, F5 | |
transaction | MMAT | Exchangeable Shares | Gift | $0 | +1M | $0.00 | 1M | Sep 12, 2022 | Common Stock | 1M | By Rotifer Foundation, Inc | F5 | ||
transaction | MMAT | Exchangeable Shares | Gift | $0 | -500K | -2.45% | $0.00 | 19.9M | Sep 16, 2022 | Common Stock | 500K | By Spouse | F4, F5 | |
transaction | MMAT | Exchangeable Shares | Gift | $0 | +500K | +50% | $0.00 | 1.5M | Sep 16, 2022 | Common Stock | 500K | By Rotifer Foundation, Inc. | F5 | |
transaction | MMAT | Exchangeable Shares | Options Exercise | -1M | -5.01% | 18.9M | Oct 3, 2022 | Common Stock | 1M | By Spouse | F1, F5 | |||
transaction | MMAT | Exchangeable Shares | Options Exercise | -1.5M | -100% | 0 | Oct 4, 2022 | Common Stock | 1.5M | By Rotifer Foundation, Inc. | F2, F5 |
Id | Content |
---|---|
F1 | On October 3, 2022, the reporting person's spouse exchanged 1,000,000 Exchangeable Shares into 1,000,000 shares of common stock at an exchange price of $0.65, the market price of the common stock on the business day preceding the exchange. |
F2 | On October 4, 2022, Rotifer Foundation, Inc., a family foundation which the reporting person and the reporting person's spouse wholly own, exchanged 1,500,000 Exchangeable Shares into 1,500,000 shares of common stock at an exchange price of $0.64, the market price of the common stock on the business day preceding the exchange. |
F3 | On September 12, 2022, the reporting person transferred 1,000,000 Exchangeable Shares to a family foundation which the reporting person and the reporting person's spouse wholly own. |
F4 | On September 16, 2022, the reporting person's spouse transferred 500,000 Exchangeable Shares to a family foundation which the reporting person and the reporting person's spouse wholly own. |
F5 | 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. |