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

Role
CHIEF OPERATING OFFICER
Signature
/s/ Meg Broderick, Attorney-in-Fact
Stock symbol
DM
Transactions as of
Feb 15, 2023
Transactions value $
-$9,531
Form type
4
Date filed
3/2/2023, 03:05 PM
Previous filing
Feb 14, 2023
Next filing
May 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DM Class A Common Stock Options Exercise +16.3K +6.51% 267K Mar 1, 2023 Direct F1
transaction DM Class A Common Stock Tax liability -$9.53K -6.35K -2.38% $1.50 261K Mar 1, 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 +16.3K $0.00 16.3K Feb 15, 2023 Class A Common Stock 16.3K Direct F1
transaction DM Restricted Stock Units Options Exercise -16.3K -100% 0 Mar 1, 2023 Class A Common Stock 16.3K 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.