HRUSOVSKY E KEVIN 4
4 · 908 Devices Inc. · Filed Jun 16, 2023
Insider Transaction Report
Form 4
908 Devices Inc.MASS
HRUSOVSKY E KEVIN
Director
Transactions
- Award
Stock Option (option to buy)
2023-06-15+12,076→ 12,076 totalExercise: $8.68Exp: 2033-06-15→ Common Stock (12,076 underlying) - Exercise/Conversion
Common Stock
2023-06-14+4,771→ 132,166 total - Award
Restricted Stock Units
2023-06-15+7,777→ 7,777 total→ Common Stock (7,777 underlying) - Exercise/Conversion
Restricted Stock Units
2023-06-14−4,771→ 0 total→ Common Stock (4,771 underlying)
Holdings
- 329,675(indirect: See Footnote)
Common Stock
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. This transaction represents the settlement of RSUs in shares of Common Stock on their scheduled vesting date.
- [F2]The securities are owned directly by the E. Kevin Hrusovsky 2012 Irrevocable Trust. The reporting person's spouse and children are trustees of E. Kevin Hrusovsky 2012 Irrevocable Trust and have joint voting and dispositive control with respect to all securities held by E. Kevin Hrusovsky 2012 Irrevocable Trust and the reporting person may be deemed to be the beneficial owner of the securities held by E. Kevin Hrusovsky 2012 Irrevocable Trust.
- [F3]The RSUs became fully vested on June 14, 2023, the day prior to the 2023 Annual Meeting of the Stockholders of 908 Devices Inc. The RSUs have no expiration date.
- [F4]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.001, when vested.
- [F5]The RSUs become fully vested on June 15, 2024 or the day prior to the 2024 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 15, 2023, subject to the reporting person's continued service through the applicable vesting date.