Farhad Fred Ebrahimi - 17 May 2024 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role
10%+ Owner
Signature
Brad Nelson as Attorney in Fact for Farhad Fred Ebrahimi
Issuer symbol
DM
Transactions as of
17 May 2024
Net transactions value
+$2,059,600
Form type
4
Filing time
20 May 2024, 14:28:18 UTC
Previous filing
14 May 2024
Next filing
31 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DM Common Stock Exercise of in-the-money or at-the-money derivative security $2,059,600 +2,059,600 +8.4% $1.00 26,561,354 17 May 2024 By Crescent River LLC
holding DM Common Stock 11,447,185 17 May 2024 Shiraz Capital LLC
holding DM Common Stock 4,675,511 17 May 2024 By Corcaigh LLC
holding DM Common Stock 6,705,700 17 May 2024 By Infinity Trusts Investment LLC
holding DM Common Stock 665,600 17 May 2024 By Havana 2020 GRAT
holding DM Common Stock 583,421 17 May 2024 By Elstead 2020 GRAT
holding DM Common Stock 1,210,300 17 May 2024 By Farhad F Ebrahimi Roth IRA

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DM PUT Option (Obligation to Buy) Exercise of in-the-money or at-the-money derivative security $0 -1,719,600 -83% $0.000000 340,000 17 May 2024 Common Stock 1,719,600 $1.00 By Crescent River LLC
transaction DM PUT Option (Obligation to Buy) Exercise of in-the-money or at-the-money derivative security $0 -340,000 -100% $0.000000* 0 17 May 2024 Common Stock 340,000 $1.00 By Crescent River LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Remarks:

The Power of Attorney granting Brad Nelson authority to act as attorney-in-fact for Farhad Fred Ebrahimi was filed as Exhibit A to a Form 13D filed with the Commission on May 30, 2023.