Michael M. Jafar - 11 Feb 2022 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role
CEO, DESKTOP HEALTH
Signature
/s/ Meg Broderick, Attorney-in-Fact
Issuer symbol
DM
Transactions as of
11 Feb 2022
Net transactions value
$0
Form type
4
Filing time
15 Feb 2022, 15:20:55 UTC
Previous filing
07 Oct 2021
Next filing
03 Mar 2022
SEC
View on sec.gov

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 Restricted Stock Units Award $0 +393,120 $0.000000 393,120 11 Feb 2022 Class A Common Stock 393,120 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one shares of the Issuer's Common Stock.
F2 25% of restricted stock units will vest on February 11, 2023, with the remaining restricted stock units vesting in equal quarterly installments over the following three year period. The restricted stock units have no expiration date.