Thomas Nogueira - 10 Jun 2022 Form 3 Insider Report for Desktop Metal, Inc. (DM)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Meg Broderick, Attorney-in-Fact
Issuer symbol
DM
Transactions as of
10 Jun 2022
Net transactions value
$0
Form type
3
Filing time
14 Jun 2022, 16:04:21 UTC
Next filing
02 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DM Class A Common Stock 273,195 10 Jun 2022 Direct F1

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
holding DM Stock Option 10 Jun 2022 Class A Common Stock 18,318 $2.46 Direct F2
holding DM Stock Option 10 Jun 2022 Class A Common Stock 67,166 $2.78 Direct F2
holding DM Stock Option 10 Jun 2022 Class A Common Stock 84,647 $1.40 Direct F3
holding DM Stock Option 10 Jun 2022 Class A Common Stock 24,424 $1.40 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 268,051 restricted stock units ("RSUs") subject to certain vesting conditions, as described in the award agreements applicable to such RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock and has no expiration date.
F2 The stock option is fully vested and currently exercisable.
F3 The stock option vested with respect to 25% of the underlying shares on June 1, 2021, and vests with respect to the remaining shares in 36 equally monthly installments thereafter.
F4 The stock option vested with respect to 25% of the underlying shares on September 1, 2021, and vests with respect to the remaining shares in 36 equally monthly installments thereafter.

Remarks:

Exhibit 24 - Power of Attorney