Christopher D. Brown - 01 Feb 2025 Form 4 Insider Report for 908 Devices Inc. (MASS)

Signature
/s/ Michael S. Turner, as Attorney-in-Fact
Issuer symbol
MASS
Transactions as of
01 Feb 2025
Net transactions value
-$18,191
Form type
4
Filing time
04 Feb 2025, 16:49:58 UTC
Previous filing
19 Dec 2024
Next filing
18 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MASS Common Stock Options Exercise +5,027 +0.53% 951,480 01 Feb 2025 Direct F1
transaction MASS Common Stock Options Exercise +7,418 +0.78% 958,898 01 Feb 2025 Direct F1
transaction MASS Common Stock Options Exercise +10,991 +1.1% 969,889 01 Feb 2025 Direct F1
transaction MASS Common Stock Sale $3,926 -1,667 -0.17% $2.36 968,222 03 Feb 2025 Direct F2, F3
transaction MASS Common Stock Sale $5,763 -2,459 -0.25% $2.34 965,763 03 Feb 2025 Direct F2, F4
transaction MASS Common Stock Sale $8,501 -3,641 -0.38% $2.33 962,122 03 Feb 2025 Direct F2, 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 Units Options Exercise $0 -5,027 -50% $0.000000 5,027 01 Feb 2025 Common Stock 5,027 Direct F1, F6
transaction MASS Restricted Stock Units Options Exercise $0 -7,418 -33% $0.000000 14,836 01 Feb 2025 Common Stock 7,418 Direct F1, F7
transaction MASS Restricted Stock Units Options Exercise $0 -10,991 -25% $0.000000 32,974 01 Feb 2025 Common Stock 10,991 Direct F1, F8
* 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 $2.33 to $2.38, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.31 to $2.38, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.29 to $2.40, 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 These RSUs vest in four substantially equal annual installments at the four anniversary dates following February 1, 2022, subject to the reporting person's continued service through the applicable vesting date. The RSUs have no expiration date.
F7 These RSUs vest in four substantially equal annual installments at the four 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.
F8 These RSUs vest in four substantially equal annual installments at the four 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.