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

Role: Chief Operating Officer
Signature: /s/ Michael Smith
Stock symbol: DNMR
Transactions as of: Aug 17, 2021
Transactions value $: -$114,470
Form type: 4
Date filed: 8/19/2021, 07:11 PM
Next filing: Sep 20, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DNMR	Class A Common Stock ("Common Stock")	Options Exercise	$32.8K	+10K	+2.65%	$3.28	387K	Aug 17, 2021	Direct	F1
transaction	DNMR	Common Stock	Sale	-$147K	-10K	-2.58%	$14.73^*	377K	Aug 17, 2021	Direct	F1, F2, F3

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	Stock Option	Options Exercise	$0	-10K	-1.47%	$0.00	669K	Aug 17, 2021	Common Stock	10K	$3.28	Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 377,259 restricted shares of the Common Stock granted under a previously disclosed restricted stock award.
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.
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.
F4	The options are fully vested and currently exercisable.
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.