Thomas Nogueira - 15 Feb 2023 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Signature
/s/ Meg Broderick, Attorney-in-Fact
Issuer symbol
DM
Transactions as of
15 Feb 2023
Net transactions value
-$9,531
Form type
4
Filing time
02 Mar 2023, 15:05:17 UTC
Previous filing
14 Feb 2023
Next filing
15 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DM Class A Common Stock Options Exercise +16,304 +6.5% 266,935 01 Mar 2023 Direct F1
transaction DM Class A Common Stock Tax liability $9,531 -6,354 -2.4% $1.50 260,580 01 Mar 2023 Direct F2

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 +16,304 $0.000000 16,304 15 Feb 2023 Class A Common Stock 16,304 Direct F1
transaction DM Restricted Stock Units Options Exercise -16,304 -100% 0 01 Mar 2023 Class A Common Stock 16,304 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. 100% of the RSUs vested on March 1, 2023. The restricted stock units have no expiration date.
F2 Represents shares of Class A Common Stock withheld by Desktop Metal, Inc. to cover tax withholding obligations in connection with the vesting of restricted stock units.