Form Type: 4

SEC EDGAR Link
Accession Number:0000899243-21-046151
Date:2021-11-19
Issuer: META MATERIALS INC. (MMAT)
Original Submission Date:

Reporting Person:

PALIKARAS GEORGIOS
C/O META MATERIALS INC.
1 RESEARCH DRIVE DARTMOUTH, A5 B2Y 4M9

Reporting Person:

GEDDES NADINE
C/O META MATERIALS INC.
1 RESEARCH DRIVE DARTMOUTH, A5 B2Y 4M9

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-11-19 M 1,627,709 a $0.00 4,278,701 direct
COMMON STOCK 2021-11-19 S 343,436 d $4.20 3,935,265 direct
COMMON STOCK 2021-11-22 S 174,851 d $4.02 3,760,414 direct
COMMON STOCK 2021-11-19 0 $0.00 3,307,775 indirect
COMMON STOCK 2021-11-19 0 $0.00 22,982,397 indirect f2
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK OPTION (RIGHT TO BUY) 0.27 2021-11-19 deemed execution date M 151,709 (d) 2029-08-09 common stock 151,709 $0.27 0 direct
STOCK OPTION (RIGHT TO BUY) 0.27 2021-11-19 deemed execution date M 1,476,000 (d) 2030-03-23 common stock 1,476,000 $0.27 1,476,000 direct
Footnotes
IDfootnote
f1 shares sold to satisfy option exercise expenses and the tax withholding requirements upon exercise of the options.
f2 the reported securities held by lamda guard technologies ltd. georgios palikaras and nadine geddes hold a percentage of lamda guard technologies ltd. georgios palikaras and nadine geddes each disclaim beneficial ownership of the shares held by lamda guard technologies ltd. except to the extent of his or her pecuniary interest therein, if any.
f3 100% of the shares subject to the option vest on march 6, 2020
f4 subject to the reporting person continuing to provide services to the company through each vesting event, 50% of the shares subject to the option will vest annually over two years beginning on march 23, 2021, such that the shares are fully vested on march 23, 2022.
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