Wen HSIEH - Jun 14, 2021 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role
Director
Signature
By: /s/ Meg Broderick, Attorney-in-Fact
Stock symbol
DM
Transactions as of
Jun 14, 2021
Transactions value $
-$2,786,808
Form type
4
Date filed
6/16/2021, 08:01 PM
Next filing
Jul 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DM Class A Common Stock Sale -$1.58M -125K -0.7% $12.60 17.7M Jun 14, 2021 Held by KPCB Holdings, Inc., as nominee F1, F2, F3
transaction DM Class A Common Stock Sale -$1.21M -100K -0.56% $12.12 17.6M Jun 15, 2021 Held by KPCB Holdings, Inc., as nominee F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.48 to $12.83. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 All shares are held for convenience in the name of "KPCB Holdings, Inc., as nominee" for the accounts of such entities. Consists of 16,909,580 shares held by Kleiner Perkins Caufield & Byers XVI, LLC ("KPCB XVI"), 586,570 shares held by KPCB XVI Founders Fund, LLC ("XVI Founders"), 131,219 shares held by Kleiner Perkins Caufield & Byers XVII, LLC ("KPCB XVII"), and 4,296 shares held by KPCB XVII Founders Fund, LLC ("XVII Founders"). The managing member of KPCB XVI and XVI Founders is KPCB XVI Associates, LLC ("KPCB XVI Associates"). The Reporting Person is a managing member of KPCB XVI Associates, together with Beth Seidenberg, L. John Doerr, Randy Komisar and Theodore E. Schlein, and exercises shared voting and dispositive control over the shares held by KPCB XVI and XVI Founders. The managing member of KPCB XVII and XVII Founders is KPCB XVII Associates, LLC ("KPCB XVII Associates").
F3 The Reporting Person is a managing member of KPCB XVII Associates, together with Beth Seidenberg, Ilya Fushman, Mamoon Hamid and Theodore E. Schlein, and exercises shared voting and dispositive control over the shares held by KPCB XVII and XVII Founders. The Reporting Person disclaims beneficial ownership of all shares held by KPCB XVI, XVI Founders, KPCB XVII and XVII Founders except to the extent of his pecuniary interest therein.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.93 to $12.55. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.