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Filing Details

Accession Number:: 0001213900-21-044227
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-08-23 10:58:30
Reporting Period:: 2021-08-12

Accepted Time:: 2021-08-23 10:58:30
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1781162	Momentus Inc.	SRACU	Guided Missiles & Space Vehicles & Parts (3760)	841905538

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1786735	K. Edward Freedman	C/O Stable Road Capital Llc 1345 Abbot Kinney Blvd Venice CA 90291		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2021-08-12	3,886,029	$0.00	4,381,029	No	4	C	Indirect	See Footnote
Class A Common Stock	Acquisiton	2021-08-12	176,471	$0.00	176,471	No	4	C	Indirect	See Footnote
Class A Common Stock	Acquisiton	2021-08-12	1,300,000	$10.00	1,476,471	No	4	P	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	See Footnote
No	4	C	Indirect	See Footnote
No	4	P	Indirect	See Footnote

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B Common Stock	Disposition	2021-08-12	250,000	$0.00	250,000	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2021-08-12	3,886,029	$0.00	3,886,029	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2021-08-12	176,471	$0.00	176,471	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
3,886,029	No	4	J	Indirect
0	No	4	C	Indirect
0	No	4	C	Indirect

Footnotes

As described in the Issuer's registration statement on Form S-1 (File No. 333-233980) under the heading "Description of Securities--Founder Shares and Placement Shares," the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date. On August 12, 2021, the Issuer completed its initial business combination (the "Business Combination") with Momentus Inc., a Delaware corporation ("Momentus"). In connection with the Business Combination, each share of Class B common stock automatically converted on a one-for-one basis into shares of the Issuer's Class A Common Stock
Brian Kabot, Juan Manuel Quiroga and Edward Freedman are the managers of SRC-NI Holdings LLC (the "Sponsor") and have voting and investment discretion with respect to the securities held by the Sponsor. As such, each of them may be deemed to share beneficial ownership of the securities held directly by the Sponsor. 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.
Stable Road Capital LLC is the managing member (the "Managing Member") of SRAC PIPE Partners LLC. Edward Freedman is the sole member of the Managing Member. As such, the reporting person may be deemed to possess beneficial ownership of the securities held directly by SRAC PIPE Partners LLC. 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.
Represents 1,000,000 shares of the Issuer's Class A Common Stock acquired pursuant to a subscription agreement by and among SRAC PIPE Partners LLC, the Issuer and Momentus; and 300,000 shares of the Issuer's Class A Common Stock acquired pursuant to a subscription agreement by and among Stable Road Capital LLC, the Issuer and Momentus
Represents shares of Class B common stock relinquished and forfeited by the Sponsor upon the closing of the Business Combination pursuant to a settlement agreement with the Securities and Exchange Commission.