Filing Details
- Accession Number:
- 0001781162-23-000034
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-06-01 21:43:10
- Reporting Period:
- 2023-05-30
- Accepted Time:
- 2023-06-01 21:43:10
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1781162 | Momentus Inc. | MNTS | Guided Missiles & Space Vehicles & Parts (3760) | 841905538 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1786113 | Brian Kabot | C/O Momentus Inc. 3901 N. First Street San Jose CA 95134 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2023-05-30 | 86,206 | $0.00 | 318,030 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-05-30 | 20,000 | $0.33 | 298,030 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Restricted Stock Units | Acquisiton | 2023-05-30 | 120,000 | $0.00 | 120,000 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2023-05-30 | 86,206 | $0.00 | 86,206 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 120,000 | No | 4 | A | Direct | ||
| 0 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 1,437,500 | Indirect | By SRC-NI Holdings LLC |
Footnotes
- These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- This transaction was executed in multiple trades at prices ranging from $0.3205 to $0.3462. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- Brian Kabot, Juan Manuel Quiroga and Edward Freedman are the managers of SRC-NI Holdings LLC ("SRC-NI") and have voting and investment discretion with respect to the securities held by SRC-NI. As such, each of them may be deemed to share beneficial ownership of the securities held directly by SRC-NI. The Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
- Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Momentus, Inc. Class A Common Stock.
- The RSUs will vest in full on the earlier to occur of May 29, 2024 or the day before the 2024 Annual Meeting, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.
- The RSUs will vest in full on the earlier to occur of June 1, 2023 or the day before the 2023 Annual Meeting, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.
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