Richard J. Hendrix - Oct 20, 2024 Form 4 Insider Report for Danimer Scientific, Inc. (DNMR)

Role
Director
Signature
/s/ Richard J. Hendrix
Stock symbol
DNMR
Transactions as of
Oct 20, 2024
Transactions value $
$0
Form type
4
Date filed
10/21/2024, 04:30 PM
Previous filing
Jun 10, 2024

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 Award $0 +50.7K $0.00 50.7K Oct 20, 2024 Common Stock 50.7K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Danimer Scientific Class A common stock.
F2 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 July 9, 2025 subject to recipient's continued service as a director of the Company.