Eugenia Corrales - 26 Apr 2023 Form 4 Insider Report for META MATERIALS INC.

Role
Director
Signature
/s/ Uzi Sasson, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
26 Apr 2023
Net transactions value
$0
Form type
4
Filing time
28 Apr 2023, 18:38:04 UTC
Previous filing
28 Apr 2023
Next filing
22 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMAT Common Stock Award $0 +525,210 $0.000000 525,210 26 Apr 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.