James S. Eisenstein - Jul 27, 2021 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role
Director
Signature
By: /s/ Meg Broderick, Attorney-in-Fact for James S. Eisenstein
Stock symbol
DM
Transactions as of
Jul 27, 2021
Transactions value $
$0
Form type
4
Date filed
7/29/2021, 05:20 PM
Previous filing
Jun 14, 2021
Next filing
Jun 8, 2022

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 Restricted Stock Units Award $0 +15.4K $0.00 15.4K Jul 27, 2021 Class A Common Stock 15.4K Direct F1, F2
transaction DM Restricted Stock Units Award $0 +30.7K $0.00 30.7K Jul 27, 2021 Class A Common Stock 30.7K Direct F1, F3
* 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 the Issuer's Class A Common Stock.
F2 The restricted stock units vest and settle on the earlier of (i) July 27, 2022 or (ii) the day immediately prior to the date of the Issuer's next annual stockholder meeting, subject to the Reporting Person's continued service to Issuer. The restricted stock units have no expiration date.
F3 The restricted stock units vest and settle in three substantially equal annual installments, subject to the Reporting Person's continued service to Issuer, with the first installment on July 27, 2022. The restricted stock units have no expiration date.