Scott Tuten - Dec 30, 2021 Form 4/A - Amendment Insider Report for Danimer Scientific, Inc. (DNMR)

Role
Chief Market & Sustain Officer
Signature
/s/ Scott Tuten
Stock symbol
DNMR
Transactions as of
Dec 30, 2021
Transactions value $
-$233,823
Form type
4/A - Amendment
Date filed
1/20/2022, 07:20 PM
Date Of Original Report
Jan 4, 2022
Previous filing
Dec 21, 2021
Next filing
Jan 20, 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 -$234K -28.5K -5.35% $8.20 504K Dec 30, 2021 Direct F1, F2
* 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. Tuten as a result of the partial vesting of the Restricted Stock Award (hereinafter defined).
F2 As previously disclosed, Mr. Tuten 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.

Remarks:

This amendment on Form 4/A is being filed to amend the Form 4, originally filed on January 4, 2022 (the "Original Form 4"), solely to correct an error in the previously reported number of shares of Common Stock beneficially owned by Reporting Person following the reported transaction as set forth in Table I - "Amount of Securities Beneficially Owned Following Reported Transaction(s)" (Column 5). The Original Form 4 inadvertently omitted 155,392 shares of Common Stock owned directly by Reporting Person from the total reported in Table I - "Amount of Securities Beneficially Owned Following Reported Transaction(s)" (Column 5). Such 155,392 shares constitute all of Reporting's Person's shares of Common Stock that are not associated with the Restricted Stock Award and had been previously reported on Reporting Person's Section 16 filings prior to the Original Form 4.