John A. Dowdy III - 30 Dec 2021 Form 4 Insider Report for Danimer Scientific, Inc. (DNMRQ)

Signature
/s/ John A. Dowdy, III
Issuer symbol
DNMRQ
Transactions as of
30 Dec 2021
Net transactions value
-$214,643
Form type
4
Filing time
04 Jan 2022, 16:35:48 UTC
Previous filing
20 Sep 2021
Next filing
14 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DNMR Class A Common Stock ("Common Stock") Tax liability $214,643 -26,176 -6.9% $8.20 351,083 30 Dec 2021 Direct F1, F2
holding DNMR Common Stock 322,125 30 Dec 2021 See Footnotes F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations incurred by Mr. Dowdy as a result of the partial vesting of the Restricted Stock Award (hereinafter defined).
F2 As previously disclosed, Mr. Dowdy was granted 377,259 restricted shares of the Common Stock under a restricted stock award (the "Restricted Stock Award"), pursuant to the Danimer Scientific, Inc. 2020 Long-Term Incentive Plan.
F3 These shares are owned by the John Adams Dowdy, III Living Trust.
F4 The Reporting Person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.