Form Type: 4

SEC EDGAR Link
Accession Number:0000899243-21-046269
Date:2021-11-18
Issuer: META MATERIALS INC. (MMAT)
Original Submission Date:

Reporting Person:

WALDERN JONATHAN
C/0 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 2021-11-18 M 471,438 a $0.27 471,438 direct
COMMON STOCK 2021-11-18 S 471,438 d $4.05 0 direct
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 2021-11-18 deemed execution date M 471,438 (d) 2030-12-14 common stock 2,057,175 $0.27 1,585,737 direct
Footnotes
IDfootnote
f1 represents the weighted average shares price of an aggregate total of 518,287 shares sold in the price range of $3.96 to $4.25 by the reporting person. the reporting person undertakes to provide upon request by the commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
f2 subject to the reporting person continuing to provide services to the company through each vesting event, the shares subject to the option shall vest in equal monthly installments over 48 months from the vesting commencement date on the same day of the month as the vesting commencement date. the vesting commencement date is december 14, 2020. the vesting schedule for this option was inadvertently previously disclosed as vesting 25% on the one year anniversary of the vesting commencement date, and in equal monthly installments over the next 36 months thereafter.

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