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

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ Meg Broderick, Attorney-in-Fact
Stock symbol
DM
Transactions as of
Feb 15, 2023
Transactions value $
-$17,568
Form type
4
Date filed
3/2/2023, 03:05 PM
Previous filing
Aug 22, 2022
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DM Class A Common Stock Options Exercise +33.5K +0.17% 20.3M Mar 1, 2023 Direct F1
transaction DM Class A Common Stock Tax liability -$17.6K -11.7K -0.06% $1.50 20.3M Mar 1, 2023 Direct F2
holding DM Class A Common Stock 629K Feb 15, 2023 By Bluebird Trust
holding DM Class A Common Stock 629K Feb 15, 2023 By Khaki Campbell Trust
holding DM Class A Common Stock 629K Feb 15, 2023 By Red Tailed Hawk Trust

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 +33.5K $0.00 33.5K Feb 15, 2023 Class A Common Stock 33.5K Direct F1
transaction DM Restricted Stock Units Options Exercise -33.5K -100% 0 Mar 1, 2023 Class A Common Stock 33.5K 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.