Michael S. Turner - 01 Mar 2023 Form 4 Insider Report for 908 Devices Inc. (MASS)

Role
VP, General Counsel
Signature
/s/ Michael S. Turner
Issuer symbol
MASS
Transactions as of
01 Mar 2023
Net transactions value
$0
Form type
4
Filing time
16 Mar 2023, 16:33:03 UTC
Previous filing
03 Feb 2023
Next filing
02 Feb 2024
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
transaction MASS Stock Option (option to buy) Award $0 +60,138 $0.000000 60,138 01 Mar 2023 Common Stock, par value $0.001 60,138 $8.83 Direct F1
transaction MASS Restricted Stock Unit Award $0 +39,638 $0.000000 39,638 01 Mar 2023 Common Stock, par value $0.001 39,638 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Twenty-five percent of the shares underlying the option become vested and exercisable on February 1, 2024, 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, 2024, subject to the reporting person's continued service through the applicable vesting date.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.001, when vested.
F3 The RSUs shall vest 25% on February 1, 2024, with the remaining 75% vesting in three substantially equal annual installments at the three anniversary dates following February 1, 2024, subject to the reporting person's continued service through the applicable vesting date. The RSUs have no expiration date.

Remarks:

This Form 4 is being filed late due to an inadvertent administrative error.