4//SEC Filing
Turner Michael S. 4
Accession 0001562180-24-000998
CIK 0001555279other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 4:40 PM ET
Size
15.8 KB
Accession
0001562180-24-000998
Insider Transaction Report
Form 4
908 Devices Inc.MASS
Turner Michael S.
Chief Legal & Admin Officer
Transactions
- Exercise/Conversion
Common Stock
2024-02-01+9,910→ 14,337 total - Sale
Common Stock
2024-02-01$6.97/sh−3,616$25,204→ 9,105 total - Exercise/Conversion
Restricted Stock Units
2024-02-01−9,910→ 29,728 total→ Common Stock (9,910 underlying) - Exercise/Conversion
Common Stock
2024-02-01+4,427→ 4,427 total - Exercise/Conversion
Restricted Stock Units
2024-02-01−4,427→ 8,854 total→ Common Stock (4,427 underlying) - Sale
Common Stock
2024-02-01$7.03/sh−1,616$11,355→ 12,721 total
Footnotes (6)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive, at settlement, one share of Common Stock. This transaction represents the settlement of RSUs in shares of Common Stock on their scheduled vesting date.
- [F2]The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.95 to $7.11, inclusive. The reporting person undertakes to provide to 908 Devices Inc., any security holder of 908 Devices Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.95 to $7.06, inclusive. The reporting person undertakes to provide to 908 Devices Inc., any security holder of 908 Devices Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F5]These RSUs vest in four substantially equal annual installments at the four anniversary dates following February 1, 2022, subject to the reporting person's continued service through the applicable vesting date. The RSUs have no expiration date.
- [F6]These RSUs vest in four substantially equal annual installments at the four anniversary dates following February 1, 2023, subject to the reporting person's continued service through the applicable vesting date. The RSUs have no expiration date.
Documents
Issuer
908 Devices Inc.
CIK 0001555279
Entity typeother
Related Parties
1- filerCIK 0001836524
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 4:40 PM ET
- Size
- 15.8 KB