Fenel M. Eloi - Jun 15, 2022 Form 4 Insider Report for 908 Devices Inc. (MASS)

Role
Director
Signature
/s/ Michael S. Turner, as Attorney-in-Fact
Stock symbol
MASS
Transactions as of
Jun 15, 2022
Transactions value $
$0
Form type
4
Date filed
6/17/2022, 04:16 PM
Previous filing
Feb 23, 2022
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MASS Common Stock, par value $0.001 Options Exercise +1.38K +271.46% 1.89K Jun 15, 2022 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 MASS Restricted Stock Unit Options Exercise $0 -1.38K -100% $0.00* 0 Jun 15, 2022 Common Stock, par value $0.001 1.38K Direct F1, F2
transaction MASS Restricted Stock Unit Award $0 +4.77K $0.00 4.77K Jun 16, 2022 Common Stock, par value $0.001 4.77K Direct F1, F3
transaction MASS Stock Option (option to buy) Award $0 +7.97K $0.00 7.97K Jun 16, 2022 Common Stock, par value $0.001 7.97K $14.15 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.001, when vested.
F2 The RSUs became fully vested on June 15, 2022, the day prior to the 2022 Annual Meeting of the Stockholders of 908 Devices Inc. The RSUs have no expiration date.
F3 The RSUs become fully vested on June 16, 2023 or the day prior to the 2023 Annual Meeting of the Stockholders of 908 Devices Inc., whichever occurs first, subject to the reporting person's continued service through the applicable vesting date, provided that, if the reporting person terminates their service for any reason, then a prorated number of RSUs will vest. The RSUs have no expiration date.
F4 The shares underlying the option become vested and exercisable in substantially equal monthly installments over the 12 months following June 16, 2022, subject to the reporting person's continued service through the applicable vesting date.