Jason M. Cole - 15 Feb 2023 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 Feb 2023
Net transactions value: -$26,127
Form type: 4
Filing time: 02 Mar 2023, 15:05:29 UTC
Previous filing: 16 Nov 2022
Next filing: 03 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DM	Class A Common Stock	Options Exercise		+49,819			49,819	01 Mar 2023	Direct	F1
transaction	DM	Class A Common Stock	Tax liability	$26,127	-17,418	-35%	$1.50	32,401	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	+49,819		$0.000000	49,819	15 Feb 2023	Class A Common Stock	49,819		Direct	F1
transaction	DM	Restricted Stock Units	Options Exercise		-49,819	-100%		0	01 Mar 2023	Class A Common Stock	49,819		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.