Accession Number: | 0000899243-21-046151 |
Date: | 2021-11-19 |
Issuer: | META MATERIALS INC. (MMAT) |
Original Submission Date: |
PALIKARAS GEORGIOS
C/O META MATERIALS INC.
1 RESEARCH DRIVE
DARTMOUTH, A5 B2Y 4M9
GEDDES NADINE
C/O META MATERIALS INC.
1 RESEARCH DRIVE
DARTMOUTH, A5 B2Y 4M9
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature 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 |
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 Exercisable | Expiration 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 |
ID | footnote |
---|---|
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. |