Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MMAT | Common Stock | Award | $0 | +525K | $0.00 | 525K | Apr 26, 2023 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Reported shares are represented by restricted stock units ("RSUs"), and each RSU is the economic equivalent of one share of Meta Materials Inc. common stock. Subject to the reporting person continuing as a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) from April 19, 2023, the RSUs will vest in equal annual installments over 4 years from April 19, 2023, such that the RSUs are fully vested on the 4-year anniversary of April 19, 2023. |
F2 | Reporting person elects to defer the settlement of the vested RSUs until she ceases providing services to the Issuer. |