John C. Rood - Nov 1, 2024 Form 4 Insider Report for Momentus Inc. (MNTS)

Signature
/s/ Paul Ney, Attorney-in-Fact
Stock symbol
MNTS
Transactions as of
Nov 1, 2024
Transactions value $
-$782
Form type
4
Date filed
11/5/2024, 06:30 PM
Previous filing
Mar 22, 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 +4.58K +27.74% $0.00 21.1K Nov 1, 2024 Direct F1
transaction MNTS Class A Common Stock Tax liability -$782 -1.38K -6.54% $0.57 19.7K Nov 1, 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 -4.58K -49.99% $0.00 4.58K Nov 1, 2024 Class A Common Stock 4.58K Direct F1, F3, 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 Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Momentus, Inc. Class A Common Stock.
F4 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.