Isao Noda - 24 Sep 2021 Form 4 Insider Report for Danimer Scientific, Inc. (DNMRQ)

Role
Director
Signature
/s/ Isao Noda
Issuer symbol
DNMRQ
Transactions as of
24 Sep 2021
Net transactions value
+$164,000
Form type
4
Filing time
28 Sep 2021, 16:05:45 UTC
Previous filing
20 Sep 2021
Next filing
15 May 2023

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 $164,000 +50,000 +92% $3.28 104,130 24 Sep 2021 Direct
transaction DNMR Common Stock Gift $0 -100,000 -96% $0.000000 4,130 24 Sep 2021 Direct F1

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 (right to purchase) Options Exercise $0 -50,000 -14% $0.000000 295,989 24 Sep 2021 Common Stock 50,000 $3.28 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 An aggregate of 100,000 shares were transferred as bona fide gifts to individuals, none of whom are immediate family members sharing the Reporting Person's household. All of the gifts were made on the same date in transactions exempt from Section 16(b) under Rule 16(b)-5.
F2 The options are fully vested and currently exercisable.
F3 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.