| Accession Number: | 0000950170-23-066214 |
| Date: | 2023-11-22 |
| Issuer: | META MATERIALS INC. (MMAT) |
| Original Submission Date: |
SASSON UZI
C/O META MATERIALS INC.
60 HIGHFIELD PARK DRIVE, SUITE 102
DARTMOUTH, A5 B3A 4R9
| 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 | 2023-11-22 | A | 2,500,000 | a | $0.00 | 3,433,765 | direct |
| 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) | 0.0795 | 2023-11-22 | deemed execution date | A | 2,500,000 (a) | 2033-11-22 | common stock 2,500,000 | $0.08 | 2,500,000 | direct |
| ID | footnote |
|---|---|
| f1 | reported shares are represented by restricted stock units ("rsus"), and each rsu is the economic equivalent of one share of meta materials inc. common stock. subject to the reporting person continuing as a service provider (as defined in the issuer's 2021 equity incentive plan) from november 22, 2023, the rsus will vest in equal annual installments over 4 years from november 22, 2023 such that the rsus are fully vested on the 4-year anniversary of november 22, 2023. |
| f2 | subject to the reporting person continuing to be a service provider (as defined in the issuer's 2021 equity incentive plan) from november 22, 2023, the shares subject to the stock option shall vest in equal annual installments over 4 years on the same date from november 22, 2023, such that the option is fully vested on the 4-year anniversary of november 22, 2023. |
