Ric Fulop - Oct 14, 2021 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: /s/ Meg Broderick, Attorney-in-Fact
Stock symbol: DM
Transactions as of: Oct 14, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/18/2021, 04:06 PM
Previous filing: Sep 21, 2021
Next filing: Nov 2, 2021

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	DM	Performance Share Unit	Award	$0	+4.54M		$0.00	4.54M	Oct 14, 2021	Class A Common Stock	4.54M		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each performance stock unit, or PSU, represents a contingent right to receive one share of Issuer Class A Common Stock.
F2	The PSUs vest based on the Issuer's stock price performance over a performance period beginning on the grant date and ending on the seventh anniversary of the grant date, subject to satisfying certain service-based conditions. The award will vest, if at all, in twelve tranches based on the Issuer's stock price exceeding certain thresholds. Any portion of the award that has not been earned by the seventh anniversary of the grant date will be forfeited.

Content

Each performance stock unit, or PSU, represents a contingent right to receive one share of Issuer Class A Common Stock.

The PSUs vest based on the Issuer's stock price performance over a performance period beginning on the grant date and ending on the seventh anniversary of the grant date, subject to satisfying certain service-based conditions. The award will vest, if at all, in twelve tranches based on the Issuer's stock price exceeding certain thresholds. Any portion of the award that has not been earned by the seventh anniversary of the grant date will be forfeited.