John C. Rood - 20 Mar 2024 Form 4 Insider Report for Momentus Inc. (MNTS)

Signature
/s/ Paul Ney, Attorney-in-Fact
Issuer symbol
MNTS
Transactions as of
20 Mar 2024
Net transactions value
-$1,696
Form type
4
Filing time
22 Mar 2024, 17:17:41 UTC
Previous filing
22 Aug 2023
Next filing
05 Nov 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 +4,444 +60% $0.000000 11,872 20 Mar 2024 Direct F1
transaction MNTS Class A Common Stock Tax liability $587 -1,298 -11% $0.4521 10,574 20 Mar 2024 Direct F1, F2
transaction MNTS Class A Common Stock Options Exercise $0 +8,400 +79% $0.000000 18,974 20 Mar 2024 Direct F1
transaction MNTS Class A Common Stock Tax liability $1,109 -2,453 -13% $0.4521 16,521 20 Mar 2024 Direct F1, F2

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 -4,444 -50% $0.000000 4,445 20 Mar 2024 Class A Common Stock 4,444 $0.000000 Direct F1, F3
transaction MNTS Restricted Stock Units Options Exercise $0 -8,400 -33% $0.000000 16,800 20 Mar 2024 Class A Common Stock 8,400 $0.000000 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a 1-for-50 reverse stock split that was effected by Momentus Inc. on August 23, 2023.
F2 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.
F3 The RSU Award will vest in three equal annual installments starting on March 20, 2023, subject to the Reporting Person's continued Employment through each such vesting date.
F4 The RSU Award will vest in three equal annual installments starting on March 20, 2024, subject to the Reporting Person's continued Employment through each such vesting date.