Uzi Sasson - Jul 3, 2023 Form 4/A - Amendment Insider Report for META MATERIALS INC. (MMAT)

Role: CFO and COO
Signature: /s/ Uzi Sasson
Stock symbol: MMAT
Transactions as of: Jul 3, 2023
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 7/18/2023, 09:39 PM
Date Of Original Report: Jul 6, 2023
Previous filing: Apr 28, 2023
Next filing: Nov 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MMAT	Common Stock	Award	$0	+934K		$0.00	934K	Jul 3, 2023	Direct	F1

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	$0	+1.24M		$0.00	1.24M	Jul 3, 2023	Common Stock	1.24M	$0.20	Direct	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 20, 2023, the RSUs will vest in equal annual installments over 4 years from April 20, 2023 such that the RSUs are fully vested on the 4-year anniversary of April 20, 2023.
F2	Subject to the reporting person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) from April 20, 2023, the shares subject to the stock option shall vest in equal annual installments over 4 years on the same date from April 20, 2023, such that the option is fully vested on the 4-year anniversary of April 20, 2023.

Content

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 20, 2023, the RSUs will vest in equal annual installments over 4 years from April 20, 2023 such that the RSUs are fully vested on the 4-year anniversary of April 20, 2023.

Subject to the reporting person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) from April 20, 2023, the shares subject to the stock option shall vest in equal annual installments over 4 years on the same date from April 20, 2023, such that the option is fully vested on the 4-year anniversary of April 20, 2023.