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
+$20,000
Form type
4
Filing time
03 Apr 2023, 19:02:48 UTC
Previous filing
15 Feb 2022
Next filing
28 Jun 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 Options Exercise +126,583 +11% 1,285,490 03 Mar 2023 Direct F1
transaction MMAT Common Stock Options Exercise +3,165 3,165 03 Mar 2023 By spouse Nadine Geddes F2

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 Restricted Stock Units Options Exercise $0 -126,583 -25% $0.000000 379,746 03 Mar 2023 Common Stock 126,583 Direct F1
transaction MMAT Restricted Stock Units Award $20,000 +12,658 $1.58* 12,658 03 Mar 2022 Common Stock 12,658 By spouse Nadine Geddes F3, F4
transaction MMAT Restricted Stock Units Options Exercise $0 -3,165 -25% $0.000000 9,493 03 Mar 2023 Common Stock 3,165 By spouse Nadine Geddes F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted 506,329 restricted stock units ("RSUs") on March 3, 2022, each of which represents a contingent right to receive one share of the Issuer's common stock. 25% of the RSUs vested on March 3, 2023, 25% of the RSUs will vest on March 3, 2024, 25% of the RSUs will vest on March 3, 2025, and 25% of the RSUs will vest on March 3, 2026, subject to continued service to the Issuer through each vesting date.
F2 The Reporting Person's spouse was granted 12,658 restricted stock units ("RSUs") on March 3, 2022, each of which represents a contingent right to receive one share of the Issuer's common stock. 25% of the RSUs vested on March 3, 2023, 25% of the RSUs will vest on March 3, 2024, 25% of the RSUs will vest on March 3, 2025, and 25% of the RSUs will vest on March 3, 2026, subject to continued service to the Issuer through each vesting date.
F3 Each restricted stock unit represents a contingent right tor receive one share of MMAT common stock upon vest.
F4 The restricted stock units vest in four equal installments beginning on March 3, 2023 subject to continued service to the Issuer through each vesting date.