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Waldern Jonathan's Form 4/A amendment

Amended

Meta Materials Inc. (MMAT) · filed Mar 25, 2022

Accession no.
0000899243-22-012324
Filed
Mar 25, 2022, 4:35 PM ET
Trade date
Mar 18-22, 2022
Filing delay
7 days
Rule 10b5-1 plan
Not on the form (before 2023)
Original filed
Mar 22, 2022

This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $317.1K. It was filed 7 days after the trade.

This amendment replaces 0000899243-22-011858 (filed Mar 22, 2022).

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.

Reporting owners on this filing
OwnerRelationship to the company
Waldern JonathanCIK 0001869154Officer (Chief Technology Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Mar 18, 2022Common StockMOption exerciseAcquired+171,432$0.27+$46,286.64171,432Direct
Mar 22, 2022Common StockSSaleDisposed−171,432$1.85F1−$317,149.20Direct

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Mar 18, 2022Common StockMOption exerciseDisposed−1,585,737$0.27−$46,286.641,414,305Direct

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 171,432 shares sold in multiple transactions in the price range of $1.83to $1.88, inclusive, 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.

Read the full filing on SEC EDGAR (opens in a new tab)