Prime Movers Lab Fund I LP - 22 Sep 2023 Form 4 Insider Report for Momentus Inc. (MNTS)

Reporting relationship: 10%+ Owner
Issuer ticker: MNTS
Reported as of: 22 Sep 2023
Net transaction value: -$225,517
SEC form: 4
Accepted by SEC: 26 Sep 2023, 18:18:09 UTC
Prior SEC filing: 14 Sep 2023
Source filing: View source filing
Reporting owner signature: /s/ Taylor Frankel, Authorized Person on behalf of the General Partner of each Reporting Person

Key filing fact

Prime Movers Lab Fund I LP filed Form 4 for Momentus Inc. (MNTS) on 26 Sep 2023.

Key facts

This page summarizes Prime Movers Lab Fund I LP's Form 4 filing for Momentus Inc. (MNTS).
15 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 26 Sep 2023, 18:18.

Change

Previous filing in this sequence was filed on 14 Sep 2023.
Current net transaction value: -$225,517.

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.

MNTS transaction

Class A common stock

Sale

Transaction value: $32,390
Shares: -13,574
Change %: -11%
Price: $2.39^*
Shares after: 109,098
Date: 22 Sep 2023
Ownership: Direct
Footnotes: F1, F6, F7

MNTS transaction

Class A common stock

Sale

Transaction value: $12,840
Shares: -5,381
Change %: -11%
Price: $2.39^*
Shares after: 43,245
Date: 22 Sep 2023
Ownership: Held by Momentus PML SPV 1 LP
Footnotes: F2, F6, F7

MNTS transaction

Class A common stock

Sale

Transaction value: $2,529
Shares: -1,060
Change %: -11%
Price: $2.39^*
Shares after: 8,520
Date: 22 Sep 2023
Ownership: Held by Momentus PML SPV 2 LP
Footnotes: F3, F6, F7

MNTS transaction

Class A common stock

Sale

Transaction value: $6,276
Shares: -2,630
Change %: -11%
Price: $2.39^*
Shares after: 21,133
Date: 22 Sep 2023
Ownership: Held by Momentus PML SPV 3 LP
Footnotes: F4, F6, F7

MNTS transaction

Class A common stock

Sale

Transaction value: $2,501
Shares: -1,048
Change %: -11%
Price: $2.39^*
Shares after: 8,418
Date: 22 Sep 2023
Ownership: Held by Prime Movers Growth Fund I LP
Footnotes: F5, F6, F7

MNTS transaction

Class A common stock

Sale

Transaction value: $63,913
Shares: -31,261
Change %: -29%
Price: $2.04^*
Shares after: 77,837
Date: 25 Sep 2023
Ownership: Direct
Footnotes: F1, F6, F8

MNTS transaction

Class A common stock

Sale

Transaction value: $25,335
Shares: -12,392
Change %: -29%
Price: $2.04^*
Shares after: 30,853
Date: 25 Sep 2023
Ownership: Held by Momentus PML SPV 1 LP
Footnotes: F2, F6, F8

MNTS transaction

Class A Common Stock

Sale

Transaction value: $4,993
Shares: -2,442
Change %: -29%
Price: $2.04^*
Shares after: 6,078
Date: 25 Sep 2023
Ownership: Held by Momentus PML SPV 2 LP
Footnotes: F3, F6, F8

MNTS transaction

Class A Common Stock

Sale

Transaction value: $12,381
Shares: -6,056
Change %: -29%
Price: $2.04^*
Shares after: 15,077
Date: 25 Sep 2023
Ownership: Held by Momentus PML SPV 3 LP
Footnotes: F4, F6, F8

MNTS transaction

Class A Common Stock

Sale

Transaction value: $4,931
Shares: -2,412
Change %: -29%
Price: $2.04^*
Shares after: 6,006
Date: 25 Sep 2023
Ownership: Held by Prime Movers Growth Fund I LP
Footnotes: F5, F6, F8

MNTS transaction

Class A Common Stock

Sale

Transaction value: $32,902
Shares: -17,202
Change %: -22%
Price: $1.91^*
Shares after: 60,635
Date: 26 Sep 2023
Ownership: Direct
Footnotes: F1, F6, F9

MNTS transaction

Class A Common Stock

Sale

Transaction value: $13,043
Shares: -6,819
Change %: -22%
Price: $1.91^*
Shares after: 24,034
Date: 26 Sep 2023
Ownership: Held by Momentus PML SPV 1 LP
Footnotes: F2, F6, F9

MNTS transaction

Class A Common Stock

Sale

Transaction value: $2,571
Shares: -1,344
Change %: -22%
Price: $1.91^*
Shares after: 4,734
Date: 26 Sep 2023
Ownership: Held by Momentus PML SPV 2 LP
Footnotes: F3, F6, F9

MNTS transaction

Class A Common Stock

Sale

Transaction value: $6,373
Shares: -3,332
Change %: -22%
Price: $1.91^*
Shares after: 11,745
Date: 26 Sep 2023
Ownership: Held by Momentus PML SPV 3 LP
Footnotes: F4, F6, F9

MNTS transaction

Class A Common Stock

Sale

Transaction value: $2,538
Shares: -1,327
Change %: -22%
Price: $1.91^*
Shares after: 4,679
Date: 26 Sep 2023
Ownership: Held by Prime Movers Growth Fund I LP
Footnotes: F5, F6, F9

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

Held by Prime Movers Lab Fund I LP ("PML"). Prime Movers Lab GP I LLC ("PML GP") is the general partner of PML.

Footnote F2

Held by Momentus PML SPV 1 LP ("PML SPV 1"). PML GP is the general partner of PML SPV 1.

Footnote F3

Held by Momentus PML SPV 2 LP ("PML SPV 2"). Prime Movers Lab GP II LLC ("PML GP II") is the general partner of PML SPV 2.

Footnote F4

Held by Momentus PML SPV 3 LP ("PML SPV 3"). PML GP II is the general partner of PML SPV 3.

Footnote F5

Held by Prime Movers Growth Fund I LP ("PM Growth"). Prime Movers Growth GP I LLC ("PM Growth GP") is the general partner of PM Growth.

Footnote F6

Dakin Sloss is the manager of PML GP, PML GP II and PM Growth GP, and may be deemed to beneficially own the securities held by PML, PML SPV 1, PML SPV 2, PML SPV 3 and PM Growth. Mr. Sloss disclaims any beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its pecuniary interest therein.

Footnote F7

The price of $2.3862 per share represents a weighted average of purchase prices ranging from $2.26 to $2.76 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.

Footnote F8

The price of $2.0445 per share represents a weighted average of purchase prices ranging from $1.87 to $2.39 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.

Footnote F9

The price of $1.9127 per share represents a weighted average of purchase prices ranging from $1.76 to $2.01 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.