4//SEC Filing
Kabot Brian 4
Accession 0001781162-23-000034
CIK 0001781162other
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 9:43 PM ET
Size
12.5 KB
Accession
0001781162-23-000034
Insider Transaction Report
Form 4
Momentus Inc.MNTS
Kabot Brian
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2023-05-30+86,206→ 318,030 total - Award
Restricted Stock Units
2023-05-30+120,000→ 120,000 total→ Class A Common Stock (120,000 underlying) - Sale
Class A Common Stock
2023-05-30$0.33/sh−20,000$6,662→ 298,030 total - Exercise/Conversion
Restricted Stock Units
2023-05-30−86,206→ 0 total→ Class A Common Stock (86,206 underlying)
Holdings
- 1,437,500(indirect: By LLC)
Class A Common Stock
Footnotes (6)
- [F1]These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F2]This transaction was executed in multiple trades at prices ranging from $0.3205 to $0.3462. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]Brian Kabot, Juan Manuel Quiroga and Edward Freedman are the managers of SRC-NI Holdings LLC ("SRC-NI") and have voting and investment discretion with respect to the securities held by SRC-NI. As such, each of them may be deemed to share beneficial ownership of the securities held directly by SRC-NI. The Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
- [F4]Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Momentus, Inc. Class A Common Stock.
- [F5]The RSUs will vest in full on the earlier to occur of May 29, 2024 or the day before the 2024 Annual Meeting, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.
- [F6]The RSUs will vest in full on the earlier to occur of June 1, 2023 or the day before the 2023 Annual Meeting, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.
Documents
Issuer
Momentus Inc.
CIK 0001781162
Entity typeother
Related Parties
1- filerCIK 0001786113
Filing Metadata
- Form type
- 4
- Filed
- May 31, 8:00 PM ET
- Accepted
- Jun 1, 9:43 PM ET
- Size
- 12.5 KB