WELCH THOMAS GORDON exercised options at META MATERIALS INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

WELCH THOMAS GORDON

Filed: 10/6/2022ACC: 0000899243-22-033179

InsiderWELCH THOMAS GORDONCIK 1887942

→

IssuerMETA MATERIALS INC.CIK 1431959

10% Owner

Since Jun 2021

0.00

Net shares

Net seller

$1.61M

Total acquired

Open market trades

0B · 0S

Total transactions

4M acquired · 4M disposed

Non-Derivative Transactions2

Common Stock

Indirect

M · Option Exercise

+1M

Price / share

$0.65

Trade value

$650K

% of position

40.8%

10/3/2022

2.45M→3.45M

Common Stock

Indirect

M · Option Exercise

+1.50M

Price / share

$0.64

Trade value

$960K

% of position

New position

10/4/2022

0.00→1.50M

Total

Net shares

+2.50M

Net value

$1.61M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Indirect	10/3/2022	M · Option Exercise	+1M	$0.65	$650K	40.8%	2.45M	3.45M
Common Stock Indirect	10/4/2022	M · Option Exercise	+1.50M	$0.64	$960K	New position	0.00	1.50M
Total			+2.50M		$1.61M

Derivative Transactions6

Exchangeable Shares

Direct

G · Gift

Converts to

Common Stock

1M shares

−1M

Strike price

Held after

20.21M

Exercisable

—

9/12/2022

Exchangeable Shares

Indirect

G · Gift

Converts to

Common Stock

1M shares

+1M

Strike price

Held after

Exercisable

—

9/12/2022

Exchangeable Shares

Indirect

G · Gift

Converts to

Common Stock

500K shares

−500K

Strike price

Held after

19.94M

Exercisable

—

9/16/2022

Exchangeable Shares

Indirect

G · Gift

Converts to

Common Stock

500K shares

+500K

Strike price

Held after

1.50M

Exercisable

—

9/16/2022

Exchangeable Shares

Indirect

M · Option Exercise

Converts to

Common Stock

1M shares

−1M

Strike price

Held after

18.94M

Exercisable

—

10/3/2022

Exchangeable Shares

Indirect

M · Option Exercise

Converts to

Common Stock

1.50M shares

−1.50M

Strike price

Held after

0.00

Exercisable

—

10/4/2022

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Exchangeable Shares Direct	Common Stock1M shares	9/12/2022	G · Gift	−1M	—	20.21M
Exchangeable Shares Indirect	Common Stock1M shares	9/12/2022	G · Gift	+1M	—	1M
Exchangeable Shares Indirect	Common Stock500K shares	9/16/2022	G · Gift	−500K	—	19.94M
Exchangeable Shares Indirect	Common Stock500K shares	9/16/2022	G · Gift	+500K	—	1.50M
Exchangeable Shares Indirect	Common Stock1M shares	10/3/2022	M · Option Exercise	−1M	—	18.94M
Exchangeable Shares Indirect	Common Stock1.50M shares	10/4/2022	M · Option Exercise	−1.50M	—	0.00