Uzi Sasson - 22 Nov 2023 Form 4 Insider Report for META MATERIALS INC.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
27 Nov 2023, 20:24:15 UTC
Prior SEC filing
18 Jul 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Uzi Sasson

Key filing fact

Uzi Sasson filed Form 4 for META MATERIALS INC. on 27 Nov 2023.

Key facts

  • This page summarizes Uzi Sasson's Form 4 filing for META MATERIALS INC..
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 27 Nov 2023, 20:24.

Change

  • Previous filing in this sequence was filed on 18 Jul 2023.
  • 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.

MMAT transaction

Common Stock

Award

Transaction value
$0
Shares
+2,500,000
Change %
+268%
Price
$0.000000
Shares after
3,433,765
Date
22 Nov 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

MMAT transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+2,500,000
Change %
Price
$0.000000
Shares after
2,500,000
Date
22 Nov 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,500,000
Exercise price
$0.0795
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Reported shares are represented by restricted stock units ("RSUs"), and each RSU is the economic equivalent of one share of Meta Materials Inc. common stock. Subject to the reporting person continuing as a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) from November 22, 2023, the RSUs will vest in equal annual installments over 4 years from November 22, 2023 such that the RSUs are fully vested on the 4-year anniversary of November 22, 2023.

Footnote F2

Subject to the reporting person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) from November 22, 2023, the shares subject to the stock option shall vest in equal annual installments over 4 years on the same date from November 22, 2023, such that the option is fully vested on the 4-year anniversary of November 22, 2023.

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