Spoto Mark 4
4 · 908 Devices Inc. · Filed Jun 14, 2024
Insider Transaction Report
Form 4
908 Devices Inc.MASS
Spoto Mark
Director
Transactions
- Award
Restricted Stock Unit
2024-06-13+11,364→ 11,364 total→ Common Stock (11,364 underlying) - Exercise/Conversion
Common Stock
2024-06-12+7,777→ 52,971 total - Award
Stock Option (option to buy)
2024-06-13+15,996→ 15,996 totalExercise: $5.94Exp: 2033-06-15→ Common Stock (15,996 underlying) - Exercise/Conversion
Restricted Stock Unit
2024-06-12−7,777→ 0 total→ Common Stock (7,777 underlying)
Holdings
- 3,599(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]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.
- [F3]The RSUs became fully vested on June 12, 2024, the day prior to the 2024 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 13, 2025 or the day prior to the 2025 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 13, 2024, subject to the reporting person's continued service through the applicable vesting date.