Filing Details

Accession Number:
0000899243-23-010254
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-04-03 17:55:55
Reporting Period:
2023-03-03
Accepted Time:
2023-04-03 17:55:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1431959 Meta Materials Inc. MMAT Semiconductors & Related Devices (3674) 743237581
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1869154 Jonathan Waldern C/0 Meta Materials Inc.
60 Highfield Park Drive
Dartmouth A5 B3A 4R9
Chief Technology Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2023-03-03 31,646 $0.00 31,646 No 4 M Direct
Common Stock Disposition 2023-03-13 17,372 $0.63 14,274 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2023-03-03 31,646 $0.00 31,646 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
94,936 2032-03-03 No 4 M Direct
Footnotes
  1. The Reporting Person was granted 126,582 restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's common stock. 25% of the RSUs vested on March 3, 2023, 25% of the RSUs will vest on March 3, 2024, 25% of the RSUs will vest on March 3, 2025, and 25% of the RSUs will vest on March 3, 2026, subject to continued service to the Issuer through each vesting date.
  2. 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 was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.