Jikun Kim - 20 Mar 2022 Form 4 Insider Report for Momentus Inc. (MNTS)

Role
Chief Financial Officer
Signature
/s/Jikun Kim
Issuer symbol
MNTS
Transactions as of
20 Mar 2022
Net transactions value
-$10,211
Form type
4
Filing time
22 Mar 2022, 17:03:47 UTC
Previous filing
23 Feb 2022
Next filing
21 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNTS Class A Common Stock Options Exercise $0 +7,635 +14% $0.000000 63,108 20 Mar 2022 Direct
transaction MNTS Class A Common Stock Tax liability $10,211 -4,020 -6.4% $2.54 59,088 20 Mar 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MNTS Stock Option (Right to Buy) Award $0 +310,909 $0.000000 310,909 20 Mar 2022 Class A Common Stock 310,909 $2.54 Direct F2
transaction MNTS Restricted Stock Units Award $0 +533,333 $0.000000 533,333 20 Mar 2022 Class A Common Stock 533,333 $0.000000 Direct F3
transaction MNTS Restricted Stock Units Options Exercise $0 -7,635 -3.2% $0.000000 229,040 20 Mar 2022 Class A Common Stock 7,635 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by the Issuer in order to satisfy certain tax withholding obligations in connection with the issuance of vested restricted stock units.
F2 Represents a grant of stock options, which vests in equal installments quarterly on June 20th, September 20th, December 20th and March 20th following the Vesting Commencement Date over the three years, subject to Executive's continued Employment through each such vesting date.
F3 Represents a grant of Restricted Stock Units, which vest in three equal annual installments from Vesting Commencement Date, subject to Executive's continued Employment through each such vesting date.
F4 The RSU Award will vest 29.2% of the total number of RSUs upon November 20, 2021. As to the balance of the 70.8% of the total number of RSUs, these RSUs will vest monthly on the 20th of each month, evenly split (70.8%/34) across the following 34 months, subject to Executive's continued Employment through each such vesting date.