Kevin J. Knopp - 01 Feb 2025 Form 4 Insider Report for 908 Devices Inc. (MASS)

Role
President and CEO, Director
Signature
/s/ Michael S. Turner, as Attorney-in-Fact
Issuer symbol
MASS
Transactions as of
01 Feb 2025
Net transactions value
-$37,109
Form type
4
Filing time
04 Feb 2025, 16:50:23 UTC
Previous filing
16 Dec 2024
Next filing
05 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MASS Common Stock Options Exercise +11,254 +1.7% 678,279 01 Feb 2025 Direct F1
transaction MASS Common Stock Options Exercise +13,448 +2% 691,727 01 Feb 2025 Direct F1
transaction MASS Common Stock Options Exercise +17,007 +2.5% 708,734 01 Feb 2025 Direct F1
transaction MASS Common Stock Sale $10,064 -4,318 -0.61% $2.33 704,416 03 Feb 2025 Direct F2, F3
transaction MASS Common Stock Sale $11,921 -5,159 -0.73% $2.31 699,257 03 Feb 2025 Direct F2, F3
transaction MASS Common Stock Sale $15,125 -6,524 -0.93% $2.32 692,733 03 Feb 2025 Direct F2, F4
holding MASS Common Stock 541,223 01 Feb 2025 See Footnote 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 -11,254 -50% $0.000000 11,255 01 Feb 2025 Common Stock 11,254 Direct F1, F6
transaction MASS Restricted Stock Units Options Exercise $0 -13,448 -33% $0.000000 26,897 01 Feb 2025 Common Stock 13,448 Direct F1, F7
transaction MASS Restricted Stock Units Options Exercise $0 -17,007 -25% $0.000000 51,021 01 Feb 2025 Common Stock 17,007 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 $2.29 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 $2.29 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.
F5 The shares are owned directly by The Kevin J. Knopp Irrevocable Trust of 2018. The reporting person's brother-in-law is the trustee of The Kevin J. Knopp Irrevocable Trust of 2018 and has sole voting and dispositive control with respect to all securities held by such trust. The reporting person may be deemed to be the beneficial owner of the securities held by The Kevin J. Knopp Irrevocable Trust of 2018.
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.