Joseph H. Griffith IV - Feb 1, 2023 Form 4 Insider Report for 908 Devices Inc. (MASS)

Signature
/s/ Michael S. Turner, as Attorney-in-Fact
Stock symbol
MASS
Transactions as of
Feb 1, 2023
Transactions value $
-$49,594
Form type
4
Date filed
2/3/2023, 04:16 PM
Previous filing
Aug 5, 2022
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MASS Common Stock Options Exercise +5.1K +5.57% 96.7K Feb 1, 2023 Direct F1
transaction MASS Common Stock Sale -$16.8K -1.84K -1.9% $9.17 94.8K Feb 1, 2023 Direct F2, F3
transaction MASS Common Stock Sale -$32.8K -3.27K -3.44% $10.03 91.6K Feb 2, 2023 Direct F4, F5

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 -5.1K -25% $0.00 15.3K Feb 1, 2023 Common Stock 5.1K Direct F1, F6
* 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, at settlement, one share of Common Stock. This transaction represents the settlement of RSUs in shares of Common Stock on their scheduled vesting date.
F2 The sale reported on this Form 4 represents shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale is mandated by the issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the reporting person.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.98 to $9.63, inclusive. The reporting person undertakes to provide to 908 Devices Inc., any security holder of 908 Devices Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 Represents sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.15, inclusive. The reporting person undertakes to provide to 908 Devices Inc., any security holder of 908 Devices Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F6 The 5,102 RSUs vested on February 1, 2023, with the remaining 15,307 RSUs 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.