Form 4 for MASS 908 Devices Inc.
Accepted 2022-06-17 00:00:00 ET · period of report 2022-06-15 · accession 0001562180-22-005198 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-06-17 | 2022-06-15 | MASS | Spoto Mark | Dir | M - OptEx | — | +1,379 | 37.8K | +4% | — |
| DM | 2022-06-17 | 2022-06-16 | MASS | Spoto Mark | Dir | A - Grant | $0.00 | +12.7K | 7,970 | New | $0 |
| D | 2022-06-17 | 2022-06-15 | MASS | Spoto Mark | Dir | M - OptEx | $0.00 | -1,379 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.001 | 2022-06-15 | M | A | 1,379 | — | 37,838 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.001, when vested. (F2) The number of shares reported reflect the receipt of shares pursuant to pro rata distributions in kind effected, subsequent to the reporting person's most recent Form 4, by Razor's Edge Fund LP, RE Sidecar 4, LLC and Yodabyte Investments, LLC to their respective partners and members, including the reporting person and Razor's Edge Ventures, LLC, for no additional consideration. The receipt of such shares by the reporting person and Razor's Edge Ventures, LLC constituted a change in form of ownership, which was exempt from reporting pursuant to Rule 16a-13. |
| 2 | Derivative | Restricted Stock Unit | 2022-06-16 | A | A | 4,771 | $0.00 | 4,771 | D | — · — to — | 4,771 Common Stock, par value $0.001 | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.001, when vested. (F5) The RSUs become fully vested on June 16, 2023 or the day prior to the 2023 Annual Meeting of the Stockholders of 908 Devices Inc., whichever occurs first, subject to the reporting person's continued service through the applicable vesting date, provided that, if the reporting person terminates their service for any reason, then a prorated number of RSUs will vest. The RSUs have no expiration date. |
| 3 | Derivative | Stock Option (option to buy) | 2022-06-16 | A | A | 7,970 | $0.00 | 7,970 | D | $14.15 · — to 2032-06-16 | 7,970 Common Stock, par value $0.001 | (F6) The shares underlying the option become vested and exercisable in substantially equal monthly installments over the 12 months following June 16, 2022, subject to the reporting person's continued service through the applicable vesting date. |
| 4 | Derivative | Restricted Stock Unit | 2022-06-15 | M | D | 1,379 | $0.00 | 0 | D | — · — to — | 1,379 Common Stock, par value $0.001 | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.001, when vested. (F4) The RSUs became fully vested on June 15, 2022, the day prior to the 2022 Annual Meeting of the Stockholders of 908 Devices Inc. The RSUs have no expiration date. |