Jason M. Cole - Feb 15, 2023 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: Feb 15, 2023
Transactions value $: -$26,127
Form type: 4
Date filed: 3/2/2023, 03:05 PM
Previous filing: Nov 16, 2022
Next filing: Nov 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DM	Class A Common Stock	Options Exercise		+49.8K			49.8K	Mar 1, 2023	Direct	F1
transaction	DM	Class A Common Stock	Tax liability	-$26.1K	-17.4K	-34.96%	$1.50	32.4K	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	+49.8K		$0.00	49.8K	Feb 15, 2023	Class A Common Stock	49.8K		Direct	F1
transaction	DM	Restricted Stock Units	Options Exercise		-49.8K	-100%		0	Mar 1, 2023	Class A Common Stock	49.8K		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.