Kevin Stateham - 12 Jul 2024 Form 4 Insider Report for Monterey Capital Acquisition Corp (CNTM)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
16 Jul 2024, 16:35:01 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bhaskar Panigrahi, Attorney-in-Fact

Key filing fact

Kevin Stateham filed Form 4 for Monterey Capital Acquisition Corp (CNTM) on 16 Jul 2024.

Key facts

  • This page summarizes Kevin Stateham's Form 4 filing for Monterey Capital Acquisition Corp (CNTM).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 16 Jul 2024, 16:35.

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 derivative securities

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

CNTM transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
Shares
+24,910
Change %
Price
Shares after
24,910
Date
12 Jul 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
24,910
Exercise price
$0.5000
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Pursuant to the Agreement and Plan of Merger, dated December 31, 2022, as amended, among Monterey Capital Acquisition Corp. (now known as ConnectM Technology Solutions, Inc.) (the "Issuer"), ConnectM Operations, Inc. (f/k/a ConnectM Technology Solutions, Inc.) ("Legacy ConnectM"), and Chronos Merger Sub, Inc. (such transactions, the "Business Combination"), at the effective time of the Business Combination (the "Effective Time"), each Legacy ConnectM stock option was converted into an option to purchase a number of shares of common stock of the Issuer, equal to the product (rounded down to the nearest whole number) of (x) the number of shares of Legacy ConnectM common stock subject to such Legacy ConnectM option immediately prior to the Effective Time and (y) the exchange ratio of approximately 3.32 (the "Exchange Ratio"), at an exercise price per share equal to (A) the exercise price of such Legacy ConnectM option divided by (B) the Exchange Ratio.

SEC remarks

Vice President, Sales and Corporate Development

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