James S. Eisenstein - Jul 27, 2022 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role
Director
Signature
/s/ Meg Broderick, Attorney-in-Fact
Stock symbol
DM
Transactions as of
Jul 27, 2022
Transactions value $
$0
Form type
4
Date filed
7/29/2022, 04:05 PM
Previous filing
Jun 10, 2022
Next filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DM Class A Common Stock Options Exercise +10.2K +23.79% 53.3K Jul 27, 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
transaction DM Restricted Stock Units Options Exercise $0 -10.2K -33.33% $0.00 20.5K Jul 27, 2022 Class A Common Stock 10.2K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Class A Common Stock for each RSU. 33% of the RSUs vested on July 27, 2022, with the remaining restricted stock units vesting in equal annual installments over the following two year period provided that the Reporting Person remains in continuous service on each vesting date. The restricted stock units have no expiration date.