Richard J. Hendrix - 01 Jun 2024 Form 4 Insider Report for Danimer Scientific, Inc. (DNMRQ)

Role
Director
Signature
/s/ Richard J. Hendrix
Issuer symbol
DNMRQ
Transactions as of
01 Jun 2024
Net transactions value
$0
Form type
4
Filing time
04 Jun 2024, 17:00:14 UTC
Previous filing
15 Dec 2023
Next filing
10 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DNMR Class A Common Stock Options Exercise $0 +18,272 +37% $0.000000 68,272 01 Jun 2024 Direct
holding DNMR Class A Common Stock 391,324 01 Jun 2024 By RJH Management Co, LLC F1

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 DNMR Restricted Stock Units Options Exercise $0 -18,272 -100% $0.000000* 0 01 Jun 2024 Common Stock 18,272 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person owns and controls RJH Management and is a managing member of the Sponsor and as such, has voting and investment discretion with respect to the securities held by RJH Management and the Sponsor. Therefore, the Reporting Person may be deemed to beneficially own the securities held by RJH Management and the Sponsor. The Reporting Person disclaims any beneficial ownership of the reported securities owned by RJH Management and the Sponsor other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F2 Each restricted stock unit represents a contingent right to receive one share of Danimer Scientific Class A common stock.
F3 Comprised of an award of restricted stock units (RSU) granted as director compensation under the Danimer Scientific, Inc. 2020 Long-Term Incentive Plan (the "Plan") with each RSU representing the right to receive one share of Danimer Scientific Class A Common Stock. All of these RSU's will vest and become non-forfeitable on June 1, 2024 subject to recipient's continued service as a director of the Company.