MCCABE GREG reported 2 transactions at META MATERIALS INC.
Review the transaction codes below to understand the nature of each event.
Filed: 4/6/2021ACC: 0000897423-21-000031
+4.10M
Net shares
Net buyer
$1.60M
Total acquired
0
Open market trades
0B · 0S
4
Total transactions
4.10M acquired
Non-Derivative Transactions2
Common Stock
Direct
Shares
+100K
Price / share
$1.00
Trade value
$100K
% of position
0.8%
2/1/2021
11.89M→11.99M
Common Stock
Indirect
Shares
+4M
Price / share
$0.38
Trade value
$1.50M
% of position
142.2%
2/1/2021
2.81M→6.81M
Total
Net shares
+4.10M
Net value
$1.60M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 2/1/2021 | C · Conversion | +100K | $1.00 | $100K | 0.8% | 11.89M | 11.99M |
| Common Stock Indirect | 2/1/2021 | C · Conversion | +4M | $0.38 | $1.50M | 142.2% | 2.81M | 6.81M |
| Total | +4.10M | $1.60M | ||||||
Derivative Transactions2
6% Convertible Promissory Note
Direct
Converts to
Common Stock
100K shares
Shares
−N/A
Strike price
1
Held after
0.00
Exercisable
—
2/1/2021
6% Convertible Promissory Note
Indirect
Converts to
Common Stock
4M shares
Shares
−N/A
Strike price
0.375
Held after
0.00
Exercisable
—
2/1/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| 6% Convertible Promissory Note Direct | Common Stock100K shares | 2/1/2021 | C · Conversion | −N/A | 1 | — | 0.00 |
| 6% Convertible Promissory Note Indirect | Common Stock4M shares | 2/1/2021 | C · Conversion | −N/A | 0.375 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned797.10K
Total
797.10K indirect797.10K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 797.10K | Indirect |
| Total | 797.10K | 797.10K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported