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

Role
CFO & TREASURER
Signature
/s/ Meg Broderick, Attorney-in-Fact
Stock symbol
DM
Transactions as of
Nov 15, 2022
Transactions value $
$0
Form type
4
Date filed
11/16/2022, 03:05 PM
Previous filing
Nov 16, 2022
Next filing
Mar 2, 2023

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 +1.5M $0.00 1.5M Nov 15, 2022 Class A Common Stock 1.5M 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.