Brian Kabot - May 1, 2023 Form 4 Insider Report for Momentus Inc. (MNTS)

Role
Director
Signature
/s/ Paul Ney, Attorney-in-Fact
Stock symbol
MNTS
Transactions as of
May 1, 2023
Transactions value $
-$8,360
Form type
4
Date filed
5/2/2023, 08:49 PM
Previous filing
Apr 4, 2023
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 Sale -$8.36K -20K -7.94% $0.42 232K May 1, 2023 Direct F1, F2
holding MNTS Class A Common Stock 1.44M May 1, 2023 By SRC-NI Holdings LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 This transaction was executed in multiple trades at prices ranging from $0.4100 to $0.4516. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.