Waldern Jonathan's Form 4 filing
Meta Materials Inc. (MMAT) · filed Nov 29, 2021
- Accession no.
- 0000899243-21-046269
- Filed
- Nov 29, 2021, 9:41 PM ET
- Trade date
- Nov 18, 2021
- Filing delay
- 11 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $1.91M. It was filed 11 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Waldern JonathanCIK 0001869154 | Officer (Chief Technical Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 18, 2021 | Common Stock | MOption exerciseDisposed | −2,057,175 | $0.27 | −$127,288.26 | 1,585,737 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents the weighted average shares price of an aggregate total of 518,287 shares sold in the price range of $3.96 to $4.25 by the Reporting Person. 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 at each separate price.
Referenced by the price of 1 transaction in Table I.
- F2
Subject to the reporting person continuing to provide services to the company through each vesting event, the shares subject to the option shall vest in equal monthly installments over 48 months from the vesting commencement date on the same day of the month as the vesting commencement date. The vesting commencement date is December 14, 2020. The vesting schedule for this option was inadvertently previously disclosed as vesting 25% on the one year anniversary of the vesting commencement date, and in equal monthly installments over the next 36 months thereafter.
Referenced by the price of 1 transaction in Table I.