Juan Manuel Quiroga - 12 Aug 2021 Form 4 Insider Report for Momentus Inc. (MNTS)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
16 Aug 2021, 16:14:45 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Juan Manuel Quiroga

Key filing fact

Juan Manuel Quiroga filed Form 4 for Momentus Inc. (MNTS) on 16 Aug 2021.

Key facts

  • This page summarizes Juan Manuel Quiroga's Form 4 filing for Momentus Inc. (MNTS).
  • 3 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 16 Aug 2021, 16:14.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • 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 disclosures.

View source filing

Reported non-derivative transactions

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

MNTSW transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+3,886,029
Change %
+785%
Price
$0.000000
Shares after
4,381,029
Date
12 Aug 2021
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

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

MNTSW transaction Derivative

Class B Common Stock

Other

Transaction value
Shares
-250,000
Change %
-6%
Price
Shares after
3,886,029
Date
12 Aug 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
250,000
Exercise price
Footnotes
F1, F2, F3
MNTSW transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
Shares
-3,886,029
Change %
-100%
Price
Shares after
0
Date
12 Aug 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
3,886,029
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Juan Manuel Quiroga is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

As described in the Issuer's registration statement on Form S-1 (File No. 333-233980) under the heading "Description of Securities--Founder Shares and Placement Shares," the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date. On August 12, 2021, the Issuer completed its initial business combination (the "Business Combination") with Momentus Inc., a Delaware corporation ("Momentus"). In connection with the Business Combination, each share of Class B common stock automatically converted on a one-for-one basis into shares of the Issuer's Class A common stock.

Footnote F2

Brian Kabot, Juan Manuel Quiroga and Edward Freedman are the managers of SRC-NI Holdings LLC (the "Sponsor") and have voting and investment discretion with respect to the securities held by the Sponsor. As such, each of them may be deemed to share beneficial ownership of the securities held directly by the Sponsor. 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.

Footnote F3

Represents shares of Class B common stock relinquished and forfeited upon the closing of the Business Combination pursuant to a settlement agreement with the Securities and Exchange Commission.

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