Mitchel B. Kugler - May 30, 2022 Form 4 Insider Report for Momentus Inc. (MNTS)

Role
Director
Signature
/s/ Jikun Kim, Attorney-in-Fact
Stock symbol
MNTS
Transactions as of
May 30, 2022
Transactions value $
$0
Form type
4
Date filed
6/1/2022, 04:40 PM
Previous filing
Oct 20, 2021
Next filing
Jun 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNTS Class A Common Stock Options Exercise $0 +17.9K $0.00 17.9K May 30, 2022 Direct

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 -17.9K -100% $0.00* 0 May 30, 2022 Class A Common Stock 17.9K $0.00 Direct F1, F2
transaction MNTS Restricted Stock Units Award $0 +86.2K $0.00 86.2K May 31, 2022 Class A Common Stock 86.2K $0.00 Direct F3
* 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 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.
F2 The reporting person elect to defer the settlement of the Deferral Eligible RSUs until the earliest of (i) the date which is five (5) years from the Vesting Date, (ii) the "separation from service" as a member of the Board for any reason (within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended ("Section 409A")) or (iii) a change in the ownership or the effective control of the Company, or in the ownership of a substantial portion of the assets of the Company, each as determined in accordance with Section 409A (a "Section 409A Change in Control"); provided, however, that if payment is triggered by my separation from service, payment will not be made until the date that is six (6) months and one (1) day following the date of such separation (or, if earlier, upon my death following such separation) to the extent necessary to comply with Section 409A.
F3 The RSUs will vest in full on the earlier to occur of June 1, 2023 or the day before the 2023 Annual Meeting, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.