Eaton David Daniel 4
4 · META MATERIALS INC. · Filed Jul 14, 2023
Insider Transaction Report
Form 4
Eaton David Daniel
Chief Legal Officer
Transactions
- Award
Common Stock
2023-07-12+100,000→ 100,000 total - Award
Stock Option (Right to Buy)
2023-07-12+320,000→ 320,000 totalExercise: $0.19Exp: 2033-07-12→ Common Stock (320,000 underlying)
Footnotes (2)
- [F1]Reported shares are represented by restricted stock units ("RSUs"), and each RSU is the economic equivalent of one share of Meta Materials Inc. common stock. Subject to the reporting person continuing as a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) from July 12, 2023, the RSUs will vest in equal annual installments over 4 years from July 12, 2023 such that the RSUs are fully vested on the 4-year anniversary of July 12, 2023.
- [F2]Subject to the reporting person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) from July 12, 2023, the shares subject to the stock option shall vest in equal annual installments over 4 years on the same date from July 12, 2023, such that the option is fully vested on the 4-year anniversary of July 12, 2023.