Michael Eric Smith - Oct 18, 2021 Form 4 Insider Report for Danimer Scientific, Inc. (DNMR)

Signature
/s/ Michael Smith
Stock symbol
DNMR
Transactions as of
Oct 18, 2021
Transactions value $
-$106,220
Form type
4
Date filed
10/20/2021, 04:05 PM
Previous filing
Sep 20, 2021
Next filing
Nov 19, 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 Oct 18, 2021 Direct F1
transaction DNMR Common Stock Sale -$139K -10K -2.58% $13.90* 377K Oct 18, 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 (right to purchase) Options Exercise $0 -10K -1.52% $0.00 649K Oct 18, 2021 Common Stock 10K $3.28 Direct F4
* 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 October 18, 2021 sale of 10,000 shares of Common Stock was executed in multiple trades at prices ranging from $13.90 to $13.92. 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.