Palikaras Georgios 4
4 · META MATERIALS INC. · Filed Apr 3, 2023
Insider Transaction Report
Form 4
Palikaras Georgios
DirectorCEO and President10% Owner
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-03-03−126,583→ 379,746 totalExp: 2032-03-03→ Common Stock (126,583 underlying) - Award
Restricted Stock Units
2022-03-03$1.58/sh+12,658$20,000→ 12,658 total(indirect: By Spouse)Exp: 2032-03-03→ Common Stock (12,658 underlying) - Exercise/Conversion
Common Stock
2023-03-03+126,583→ 1,285,490 total - Exercise/Conversion
Common Stock
2023-03-03+3,165→ 3,165 total(indirect: By Spouse) - Exercise/Conversion
Restricted Stock Units
2023-03-03−3,165→ 9,493 total(indirect: By Spouse)Exp: 2032-03-03→ Common Stock (3,165 underlying)
Footnotes (4)
- [F1]The Reporting Person was granted 506,329 restricted stock units ("RSUs") on March 3, 2022, 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.
- [F2]The Reporting Person's spouse was granted 12,658 restricted stock units ("RSUs") on March 3, 2022, 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.
- [F3]Each restricted stock unit represents a contingent right tor receive one share of MMAT common stock upon vest.
- [F4]The restricted stock units vest in four equal installments beginning on March 3, 2023 subject to continued service to the Issuer through each vesting date.