Rice Kenneth L Jr's Form 4 filing
Meta Materials Inc. (MMAT) · filed Apr 3, 2023
- Accession no.
- 0000899243-23-010261
- Filed
- Apr 3, 2023
- Trade date
- Mar 3-13, 2023
- Filing delay
- 31 daysLate
- Rule 10b5-1 plan
- Not checked
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $11.6K. It was filed 31 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 |
|---|---|
| Rice Kenneth L JrCIK 0001126350 | Officer (See remarks) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 3, 2023 | Common Stock | MOption exerciseAcquired | +39,557 | –F1 | – | 39,557 | Direct | |
| Mar 13, 2023 | Common Stock | SSaleDisposed | −18,454 | $0.63 | −$11,626.02 | 21,103 | Direct |
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 |
|---|---|---|---|---|---|---|---|---|
| Mar 3, 2023 | Common Stock | MOption exerciseDisposed | −39,557 | $0.00 | $0 | 118,671 | 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
The Reporting Person was granted 158,228 restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's common stock. 25% of the RSUs vested on March 3, 2023, 25% of the RSUs will vest on March 3, 2024, 25% of the RSUs will vest on March 3, 2025, and 25% of the RSUs will vest on March 3, 2026, subject to continued service to the Issuer through each vesting date.
Referenced by the price of 1 transaction in Table I.
Remarks
Chief Operating Officer & Chief Financial Officer