John C. Rood - 18 Aug 2023 Form 4 Insider Report for Momentus Inc. (MNTS)

Signature
/s/ Paul Ney, Attorney-in-Fact
Issuer symbol
MNTS
Transactions as of
18 Aug 2023
Net transactions value
-$27,077
Form type
4
Filing time
22 Aug 2023, 16:51:00 UTC
Previous filing
06 Apr 2023
Next filing
22 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNTS Class A Common Stock Options Exercise $0 +229,148 +93% $0.000000 474,744 18 Aug 2023 Direct
transaction MNTS Class A Common Stock Tax liability $27,077 -103,346 -22% $0.2620 371,398 18 Aug 2023 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 +229,148 +80% $0.000000 515,582 18 Aug 2023 Class A Common Stock 229,148 $0.000000 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 RSUs.
F2 The RSU Award will vest 6.25% of the total number of RSUs on November 20, 2021. 18.75% of the total number of RSUs will vest upon the first anniversary starting on August 20, 2022 and as to 25% of the total number of RSUs on each of the second, third and fourth anniversaries, subject to Executive's continued Employment through each such vesting date.