Brian Kabot - 01 Nov 2024 Form 4 Insider Report for Momentus Inc. (MNTS)

Role
Director
Signature
/s/ Paul Ney, Attorney-in-Fact
Issuer symbol
MNTS
Transactions as of
01 Nov 2024
Net transactions value
$0
Form type
4
Filing time
05 Nov 2024, 18:45:07 UTC
Previous filing
05 Dec 2023
Next filing
03 Jul 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNTS Class A Common Stock Options Exercise $0 +222 +5.9% $0.000000 4,004 01 Nov 2024 Direct F1
transaction MNTS Class A Common Stock Options Exercise $0 +2,400 +60% $0.000000 6,404 01 Nov 2024 Direct F1
holding MNTS Class A Common Stock 28,750 01 Nov 2024 By SRC-NI Holdings LLC 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 -222 -100% $0.000000 0 01 Nov 2024 Class A Common Stock 222 Direct F3, F4
transaction MNTS Restricted Stock Units Options Exercise $0 -2,400 -100% $0.000000 0 01 Nov 2024 Class A Common Stock 2,400 Direct F3, F5
* 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 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.
F3 Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Momentus, Inc. Class A Common Stock.
F4 The RSUs vested in three equal annual installments on the first, second and third anniversaries of August 12, 2021, subject to the Reporting Person's continued service as a member of the Board of Directors through each vesting date.
F5 The RSUs vested in full on May 29, 2024, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.