Farhad Fred Ebrahimi - 11 Jun 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
11 Jun 2024
Net transactions value
+$200,000
Form type
4
Filing time
13 Jun 2024, 12:25:31 UTC
Previous filing
10 Jun 2024
Next filing
14 Jun 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 $96,800 +4,840 +0.42% $20.00* 1,149,558 11 Jun 2024 Shiraz Capital LLC
transaction DM Common Stock Exercise of in-the-money or at-the-money derivative security $103,200 +5,160 +0.19% $20.00* 2,676,295 11 Jun 2024 By Crescent River LLC
holding DM Common Stock 467,551 11 Jun 2024 By Corcaigh LLC
holding DM Common Stock 715,460 11 Jun 2024 By Infinity Trusts Investment LLC
holding DM Common Stock 66,560 11 Jun 2024 By Havana 2020 GRAT
holding DM Common Stock 58,342 11 Jun 2024 By Elstead 2020 GRAT
holding DM Common Stock 121,650 11 Jun 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 -5,160 -0.89% $0.000000 577,560 11 Jun 2024 Common Stock 5,160 $20.00 By Crescent River LLC
transaction DM PUT Option (Obligation to Buy) Exercise of in-the-money or at-the-money derivative security $0 -4,840 -14% $0.000000 30,560 11 Jun 2024 Common Stock 4,840 $20.00 By Shiraz Capital, 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. On June 10, 2024, a 1-for-10 reverse split of the common stock of Desktop Metal, Inc. occurred resulting in a decrease in the number of shares held by the reporting person.