Brian Kabot - 18 Oct 2021 Form 4 Insider Report for Momentus Inc. (MNTS)

Role
Director
Signature
/s/ Jikun Kim, Attorney-in-Fact
Issuer symbol
MNTS
Transactions as of
18 Oct 2021
Net transactions value
$0
Form type
4
Filing time
20 Oct 2021, 17:22:36 UTC
Previous filing
16 Aug 2021
Next filing
01 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MNTS Class A Common Stock 4,381,029 18 Oct 2021 By SRC-NI Holdings LLC F1

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 +33,333 $0.000000 33,333 18 Oct 2021 Class A Common Stock 33,333 $0.000000 Direct F2
transaction MNTS Restricted Stock Units Award $0 +17,857 $0.000000 17,857 18 Oct 2021 Class A Common Stock 17,857 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Brian Kabot, Juan Manuel Quiroga and Edward Freedman are the managers of SRC-NI Holdings LLC ("SRC-NI") and have voting and investment discretion with respect to the securities held by SRC-NI. As such, each of them may be deemed to share beneficial ownership of the securities held directly by SRC-NI. The Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F2 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.
F3 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.