Mitchel B. Kugler - Oct 18, 2021 Form 4 Insider Report for Momentus Inc. (MNTS)

Role
Director
Signature
/s/ Jikun Kim, Attorney-in-Fact
Stock symbol
MNTS
Transactions as of
Oct 18, 2021
Transactions value $
$0
Form type
4
Date filed
10/20/2021, 05:21 PM
Previous filing
Aug 16, 2021
Next filing
Jun 1, 2022

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 MNTS Restricted Stock Units Award $0 +33.3K $0.00 33.3K Oct 18, 2021 Class A Common Stock 33.3K $0.00 Direct F1
transaction MNTS Restricted Stock Units Award $0 +17.9K $0.00 17.9K Oct 18, 2021 Class A Common Stock 17.9K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSUs will vest in three equal annual installments on the first, second and third anniversaries of August 12, 2021, subject to the Reporting Person's continued service as a member of the Board of Directors through each vesting date. The Reporting Person elected to defer the settlement of the RSUs until the earlier of (i) the date that is five years from the last vesting date, (ii) the Reporting Person's separation from service or (iii) a change in control of the Issuer.
F2 The RSUs will vest in full on the earlier to occur of June 1, 2022 or the day before the 2022 Annual Meeting, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date. The Reporting Person elected to defer the settlement of the RSUs until the earlier of (i) the date that is five years from the vesting date, (ii) the Reporting Person's separation from service or (iii) a change in control of the Issuer.