Fred G. Kennedy III - Dec 20, 2021 Form 4 Insider Report for Momentus Inc. (MNTS)

Role
President
Signature
/s/ Jikun Kim, Attorney-in-Fact
Stock symbol
MNTS
Transactions as of
Dec 20, 2021
Transactions value $
-$23,266
Form type
4
Date filed
12/21/2021, 03:24 PM
Previous filing
Nov 26, 2021
Next filing
Jan 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNTS Class A Common Stock Options Exercise $0 +9.54K +16.69% $0.00 66.7K Dec 20, 2021 Direct
transaction MNTS Class A Common Stock Tax liability -$23.3K -5.03K -7.53% $4.63* 61.7K Dec 20, 2021 Direct 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 Options Exercise $0 -9.54K -2.94% $0.00 315K Dec 20, 2021 Class A Common Stock 9.54K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by the Issuer in order to satisfy certain tax withholding obligations in connection with the issuance of vested restricted stock units.
F2 The RSU Award will vest 29.2% of the total number of RSUs upon November 20, 2021. As to the balance of the 70.8% of the total number of RSUs, these RSUs will vest monthly on the 20th of each month, evenly split (70.8%/34) across the following 34 months, subject to Executive's continued Employment through each such vesting date.