Michael Eric Smith - 17 Aug 2021 Form 4 Insider Report for Danimer Scientific, Inc. (DNMRQ)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
19 Aug 2021, 19:11:56 UTC
Next SEC filing
20 Sep 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael Smith

Key filing fact

Michael Eric Smith filed Form 4 for Danimer Scientific, Inc. (DNMRQ) on 19 Aug 2021.

Key facts

  • This page summarizes Michael Eric Smith's Form 4 filing for Danimer Scientific, Inc. (DNMRQ).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 19 Aug 2021, 19:11.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$114,470.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DNMR transaction

Class A Common Stock ("Common Stock")

Options Exercise

Transaction value
$32,800
Shares
+10,000
Change %
+2.7%
Price
$3.28
Shares after
387,259
Date
17 Aug 2021
Ownership
Direct
Footnotes
F1
DNMR transaction

Common Stock

Sale

Transaction value
$147,270
Shares
-10,000
Change %
-2.6%
Price
$14.73*
Shares after
377,259
Date
17 Aug 2021
Ownership
Direct
Footnotes
F1, F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DNMR transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-10,000
Change %
-1.5%
Price
$0.000000
Shares after
668,909
Date
17 Aug 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,000
Exercise price
$3.28
Footnotes
F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Includes 377,259 restricted shares of the Common Stock granted under a previously disclosed restricted stock award.

Footnote F2

This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Smith on June 25, 2021. The Reporting Person exercised no discretion with respect to the sale. Proceeds from the sale were used to pay the exercise price of stock options, pursuant to a broker-assisted cashless exercise, and applicable withholding taxes.

Footnote F3

The August 17, 2021 sale of 10,000 shares of Common Stock was executed in multiple trades at prices ranging from $14.01 to $15.14. The price reported above reflects the volume-weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

Footnote F4

The options are fully vested and currently exercisable.

Footnote F5

Reflects the aggregate amount of options owned by Reporting Person having the exercise price, grant date and expiration date reported above, but which options were previously reported on two separate entries in a prior filing.

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