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Momentus Inc. — Director's Dealing 2021
Aug 16, 2021
35067_dirs_2021-08-16_b1a0d1d5-6113-4538-aa46-00577bb9c183.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Momentus Inc. (SRACU)
CIK: 0001781162
Period of Report: 2021-08-12
Reporting Person: Kabot Brian (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-12 | Class A Common Stock | C | 3886029 | — | Acquired | 4381029 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-12 | Class B Common Stock | $ | J | 250000 | Disposed | Class A Common Stock (250000) | Direct | |
| 2021-08-12 | Class B Common Stock | $ | C | 3886029 | Disposed | Class A Common Stock (3886029) | Direct |
Footnotes
F1: As described in the Issuer's registration statement on Form S-1 (File No. 333-233980) under the heading "Description of Securities--Founder Shares and Placement Shares," the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis subject to certain adjustments and have no expiration date. On August 12, 2021, the Issuer completed its initial business combination (the "Business Combination") with Momentus Inc., a Delaware corporation ("Momentus"). In connection with the Business Combination, each share of Class B common stock automatically converted on a one-for-one basis into shares of the Issuer's Class A common stock.
F2: Brian Kabot, Juan Manuel Quiroga and Edward Freedman are the managers of SRC-NI Holdings LLC (the "Sponsor") and have voting and investment discretion with respect to the securities held by the Sponsor. As such, each of them may be deemed to share beneficial ownership of the securities held directly by the Sponsor. 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.
F3: Represents shares of Class B common stock relinquished and forfeited upon the closing of the Business Combination pursuant to a settlement agreement with the Securities and Exchange Commission.