New insider Brown Christopher D. claimed ownership of 962,122 shares (SEC Form 3)
$MASS
Industrial Machinery/Components
Industrials
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 06/13/2025 |
3. Issuer Name and Ticker or Trading Symbol
908 Devices Inc. [ MASS ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Stock | 962,122 | D | |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Stock Option (option to buy) | (1) | 06/22/2027 | Common Stock | 114,318 | $1.75 | D | |
| Stock Option (option to buy) | (1) | 09/21/2030 | Common Stock | 67,604 | $3.24 | D | |
| Stock Option (option to buy) | (2) | 03/01/2032 | Common Stock | 33,400 | $16.66 | D | |
| Stock Option (option to buy) | (3) | 02/28/2033 | Common Stock | 45,018 | $8.83 | D | |
| Stock Option (option to buy) | (4) | 02/28/2034 | Common Stock | 60,064 | $7.35 | D | |
| Restricted Stock Units | (6) | (6) | Common Stock | 5,027 | (5) | D | |
| Restricted Stock Units | (7) | (7) | Common Stock | 14,836 | (5) | D | |
| Restricted Stock Units | (8) | (8) | Common Stock | 32,974 | (5) | D | |
| Explanation of Responses: |
| 1. The shares underlying the option are fully vested and immediately exercisable. |
| 2. Twenty-five percent of the shares underlying the option become vested and exercisable on February 1, 2023, and the remaining 75% of the shares underlying the option become vested and exercisable in substantially equal monthly installments over the 36 months following February 1, 2023, subject to the reporting person's continued service through the applicable vesting date. |
| 3. Twenty-five percent of the shares underlying the option become vested and exercisable on February 1, 2024, and the remaining 75% of the shares underlying the option become vested and exercisable in substantially equal monthly installments over the 36 months following February 1, 2024, subject to the reporting person's continued service through the applicable vesting date. |
| 4. Twenty-five percent of the shares underlying the option become vested and exercisable on February 1, 2025, and the remaining 75% of the shares underlying the option become vested and exercisable in substantially equal monthly installments over the 36 months following February 1, 2025, subject to the reporting person's continued service through the applicable vesting date. |
| 5. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.001, when vested. This transaction represents the settlement of RSUs in shares of Common Stock on their scheduled vesting date. |
| 6. These RSUs vest in four substantially equal annual installments at the four anniversary dates following February 1, 2022, subject to the reporting person's continued service through the applicable vesting date. The RSUs have no expiration date. |
| 7. These RSUs vest in four substantially equal annual installments at the four anniversary dates following February 1, 2023, subject to the reporting person's continued service through the applicable vesting date. The RSUs have no expiration date. |
| 8. These RSUs vest in four substantially equal annual installments at the four anniversary dates following February 1, 2024, subject to the reporting person's continued service through the applicable vesting date. The RSUs have no expiration date. |
| Remarks: |
| /s/ Michael S. Turner, as Attorney-in-Fact | 06/18/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||