James MacMillan Fusaro - 18 Oct 2023 Form 4 Insider Report for META MATERIALS INC. (MMAT)

Signature
/s/ Uzi Sasson, as Attorney-in-Fact
Issuer symbol
MMAT
Transactions as of
18 Oct 2023
Transactions value $
$0
Form type
4
Date filed
18 Oct 2023, 21:06
Previous filing
18 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMAT Common Stock Award $0 +9.79M $0.00 9.79M 18 Oct 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 October 10, 2023, the RSUs will vest in equal annual installments over 4 years from October 10, 2023 such that the RSUs are fully vested on the 4-year anniversary of October 10, 2023.