Jason M. Cole - 15 Nov 2022 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role
CFO & TREASURER
Signature
/s/ Meg Broderick, Attorney-in-Fact
Issuer symbol
DM
Transactions as of
15 Nov 2022
Net transactions value
$0
Form type
4
Filing time
16 Nov 2022, 15:05:43 UTC
Previous filing
16 Nov 2022
Next filing
02 Mar 2023
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 +1,500,000 $0.000000 1,500,000 15 Nov 2022 Class A Common Stock 1,500,000 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 Class A Common Stock.
F2 25% of the restricted stock units will vest on November 1, 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.