Maura Fitzpatrick - 29 Apr 2022 Form 3 Insider Report for 908 Devices Inc. (MASS)

Role
VP, Product Management & Mktg
Signature
/s/ Michael S. Turner, as Attorney-in-Fact
Issuer symbol
MASS
Transactions as of
29 Apr 2022
Net transactions value
$0
Form type
3
Filing time
09 May 2022, 16:52:09 UTC
Next filing
03 Feb 2023
SEC
View on sec.gov

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
holding MASS Stock Option (option to buy) 29 Apr 2022 Common Stock, par value $0.001 87,385 $3.24 Direct F1
holding MASS Stock Option (option to buy) 29 Apr 2022 Common Stock, par value $0.001 29,412 $16.66 Direct F2
holding MASS Restricted Stock Unit 29 Apr 2022 Common Stock, par value $0.001 17,708 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 107,553 shares underlying the initial option become vested and exercisable in substantially equal monthly installments over the 48 months following September 30, 2020, subject to the reporting person's continued service through the applicable vesting date.
F2 Twenty-five percent of the shares underlying the option become vested and exercisable on February 1, 2023, and the remaining 75% of the shares underlying the option become vested and exercisable in substantially equal monthly installments over the 36 months following February 1, 2023, subject to the reporting person's continued service through the applicable vesting date.
F3 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.001, when vested.
F4 The RSUs shall vest 25% on February 1, 2023, with the remaining 75% vesting in three substantially equal annual installments at the three anniversary dates following February 1, 2023, subject to the reporting person's continued service through the applicable vesting date. The RSUs have no expiration date.

Remarks:

Exhibit - Power of Attorney