Sasson Uzi 4
4 · META MATERIALS INC. · Filed Nov 27, 2023
Insider Transaction Report
Form 4
Sasson Uzi
See Remarks
Transactions
- Award
Stock Option (Right to Buy)
2023-11-22+2,500,000→ 2,500,000 totalExercise: $0.08Exp: 2033-11-22→ Common Stock (2,500,000 underlying) - Award
Common Stock
2023-11-22+2,500,000→ 3,433,765 total
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 November 22, 2023, the RSUs will vest in equal annual installments over 4 years from November 22, 2023 such that the RSUs are fully vested on the 4-year anniversary of November 22, 2023.
- [F2]Subject to the reporting person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) from November 22, 2023, the shares subject to the stock option shall vest in equal annual installments over 4 years on the same date from November 22, 2023, such that the option is fully vested on the 4-year anniversary of November 22, 2023.