Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DNMR | Class A Common Stock ("Common Stock") | Tax liability | -$215K | -26.2K | -6.94% | $8.20 | 351K | Dec 30, 2021 | Direct | F1, F2 |
holding | DNMR | Common Stock | 322K | Dec 30, 2021 | See Footnotes | F3, F4 |
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. |