Brigid Makes - 01 Jun 2022 Form 4/A - Amendment Insider Report for Mind Medicine (MindMed) Inc. (MNMD)

Source evidence Original filing metadata and source links for verification. 6 source fields
SEC form
4/A - Amendment
Accepted by SEC
06 Jun 2022, 16:14:09 UTC
Original report date
03 Jun 2022
Prior SEC filing
24 May 2022
Next SEC filing
09 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Robert Barrow, Attorney-in-Fact

Key filing fact

Brigid Makes filed Form 4/A - Amendment for Mind Medicine (MindMed) Inc. (MNMD) on 06 Jun 2022.

Key facts

  • This page summarizes Brigid Makes's Form 4/A - Amendment filing for Mind Medicine (MindMed) Inc. (MNMD).
  • 3 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 06 Jun 2022, 16:14.

Change

  • Previous filing in this sequence was filed on 24 May 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4/A - Amendment disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MNMD transaction

Subordinate Voting Shares

Award

Transaction value
$0
Shares
+64,656
Change %
+69%
Price
$0.000000
Shares after
158,706
Date
01 Jun 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MNMD transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+100,308
Change %
+107%
Price
$0.000000
Shares after
194,358
Date
01 Jun 2022
Ownership
Direct
Underlying class
Subordinate Voting Shares
Underlying amount
100,308
Exercise price
$0.6000
Footnotes
F2, F3
MNMD transaction Derivative

Director's Deferred Share Units

Award

Transaction value
Shares
+361,680
Change %
+128%
Price
Shares after
643,804
Date
01 Jun 2022
Ownership
Direct
Underlying class
Subordinate Voting Shares
Underlying amount
Exercise price
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

These shares represent restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one subordinate voting share of the Issuer. The RSUs vest in equal installments over 36 months beginning on June 1, 2022, subject to the Reporting Person providing continuous service to the Issuer on each such vesting date.

Footnote F2

The option grant has an exercise price of $0.75 Canadian Dollars. This represents the exercise price in United States Dollars.

Footnote F3

1/3rd of the shares underlying the option vest and become exercisable on June 1, 2023; the remaining 2/3rds of the shares underlying the option shall vest in equal installments, vesting at the end of each month thereafter for the succeeding 24 months, subject to the Reporting Person providing continuous service to the Issuer on each such vesting date.

Footnote F4

Represents Directors' Deferred Share Units ("DDSUs") granted pursuant to the Issuer's Directors' Deferred Share Unit Plan (the "Plan"), effective April 16, 2021. Of these DDSUs, 1/3 vested on June 1, 2022 and the remaining 2/3rds vest in equal installments on June 30, 2022, July 31, 2022, August 31, 2022 and September 30, 2022. The DDSUs are to be settled in cash upon the termination of the Reporting Persons' directorship (each DDSU representing the right to receive the cash equivalent of the fair market value of one Subordinate Voting Share). Pursuant to the Plan, the fair market value of a Subordinate Voting Share is equal to the volume weighted average trading price of a Subordinate Voting Share on the NEO exchange for the five business days immediately preceding the DDSUs vesting date. The DDSUs granted expire no later than 90 days after the Reporting Person's termination date or such other reasonable time as may be determined by the Administrators (defined in the Plan).

SEC remarks

Explanatory Note: This Amendment on Form 4/A is being filed to amend the Form 4 filed on June 3, 2022 solely to update the Expiration Date of the Stock Option in Table 2.

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