Joshua Makower - 08 Jun 2021 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role
10%+ Owner
Signature
/s/ Sasha Keough, attorney-in-fact
Issuer symbol
DM
Transactions as of
08 Jun 2021
Transactions value $
$0
Form type
4
Date filed
10 Jun 2021, 16:41
Previous filing
26 May 2021
Next filing
23 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DM Class A Common Stock Other $0 -9M -31.84% $0.00 19.3M 08 Jun 2021 See Note 2 F1, F2
transaction DM Class A Common Stock Other $0 +135K $0.00 135K 08 Jun 2021 See Note 4 F3, F4
transaction DM Class A Common Stock Other $0 -135K -100% $0.00* 0 08 Jun 2021 See Note 4 F4, F5
transaction DM Class A Common Stock Other $0 +2.29K $0.00 2.29K 08 Jun 2021 See Note 7 F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Joshua Makower is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 New Enterprise Associates 15, L.P. ("NEA 15") made a pro rata distribution for no consideration of an aggregate of 9,000,000 shares of Class A Common Stock of the Issuer to its general partner and its limited partners on June 8, 2021.
F2 The Reporting Person is a manager of NEA 15 GP, LLC ("NEA 15 GP"), which is the sole general partner of NEA Partners 15, L.P. ("NEA Partners 15"). NEA Partners 15 is the sole general partner of NEA 15, the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 15 in which the Reporting Person has no pecuniary interest.
F3 NEA Partners 15 received 135,000 shares of Class A Common Stock of the Issuer in the distribution by NEA 15 on June 8, 2021.
F4 The Reporting Person is a manager of NEA 15 GP, which is the sole general partner of NEA Partners 15, the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA Partners 15 in which the Reporting Person has no pecuniary interest.
F5 NEA Partners 15 made a pro rata distribution for no consideration of an aggregate of 135,000 shares of Class A Common Stock of the Issuer to its limited partners on June 8, 2021.
F6 The Reporting Person, as trustee of the Makower Family Trust u/a 5/6/97 (the "Makower Trust"), received 2,285 shares of Class A Common Stock of the Issuer in the distribution by NEA Partners 15 on June 8, 2021.
F7 The Reporting Person is the trustee of the Makower Trust, which is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the 1934 Act, as amended, or otherwise of such portion of the securities held by the Makower Trust in which the Reporting Person has no pecuniary interest.