4//SEC Filing
Spoto Mark 4
Accession 0001562180-22-005198
CIK 0001555279other
Filed
Jun 16, 8:00 PM ET
Accepted
Jun 17, 4:19 PM ET
Size
14.0 KB
Accession
0001562180-22-005198
Insider Transaction Report
Form 4
908 Devices Inc.MASS
Spoto Mark
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit
2022-06-15−1,379→ 0 total→ Common Stock, par value $0.001 (1,379 underlying) - Award
Restricted Stock Unit
2022-06-16+4,771→ 4,771 total→ Common Stock, par value $0.001 (4,771 underlying) - Exercise/Conversion
Common Stock, par value $0.001
2022-06-15+1,379→ 37,838 total - Award
Stock Option (option to buy)
2022-06-16+7,970→ 7,970 totalExercise: $14.15Exp: 2032-06-16→ Common Stock, par value $0.001 (7,970 underlying)
Holdings
- 3,599(indirect: See Footnote)
Common Stock, par value $0.001
Footnotes (6)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.001, when vested.
- [F2]The number of shares reported reflect the receipt of shares pursuant to pro rata distributions in kind effected, subsequent to the reporting person's most recent Form 4, by Razor's Edge Fund LP, RE Sidecar 4, LLC and Yodabyte Investments, LLC to their respective partners and members, including the reporting person and Razor's Edge Ventures, LLC, for no additional consideration. The receipt of such shares by the reporting person and Razor's Edge Ventures, LLC constituted a change in form of ownership, which was exempt from reporting pursuant to Rule 16a-13.
- [F3]These securities are owned directly by Razor's Edge Ventures, LLC. The reporting person is a managing member of Razor's Edge Ventures, LLC and may be deemed to be the beneficial owner of the securities held by Razor's Edge Ventures, LLC. The reporting person disclaims beneficial ownership of the securities held by Razor's Edge Ventures, LLC except to the extent of his pecuniary interest therein.
- [F4]The RSUs became fully vested on June 15, 2022, the day prior to the 2022 Annual Meeting of the Stockholders of 908 Devices Inc. The RSUs have no expiration date.
- [F5]The RSUs become fully vested on June 16, 2023 or the day prior to the 2023 Annual Meeting of the Stockholders of 908 Devices Inc., whichever occurs first, subject to the reporting person's continued service through the applicable vesting date, provided that, if the reporting person terminates their service for any reason, then a prorated number of RSUs will vest. The RSUs have no expiration date.
- [F6]The shares underlying the option become vested and exercisable in substantially equal monthly installments over the 12 months following June 16, 2022, subject to the reporting person's continued service through the applicable vesting date.
Documents
Issuer
908 Devices Inc.
CIK 0001555279
Entity typeother
Related Parties
1- filerCIK 0001836585
Filing Metadata
- Form type
- 4
- Filed
- Jun 16, 8:00 PM ET
- Accepted
- Jun 17, 4:19 PM ET
- Size
- 14.0 KB