Brian Kabot - Nov 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
Nov 1, 2023
Transactions value $
-$1,400
Form type
4
Date filed
11/3/2023, 04:46 PM
Previous filing
Oct 4, 2023
Next filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNTS Class A Common Stock Sale -$1.4K -400 -8.73% $3.50 4.18K Nov 1, 2023 Direct
holding MNTS Class A Common Stock 28.8K Nov 1, 2023 By SRC-NI Holdings LLC F1
* 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 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.