Steve Papa - Jun 7, 2023 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role
Director
Signature
/s/ Meg Broderick, Attorney-in-Fact
Stock symbol
DM
Transactions as of
Jun 7, 2023
Transactions value $
$0
Form type
4
Date filed
6/9/2023, 04:05 PM
Previous filing
Jun 10, 2022
Next filing
Jun 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DM Class A Common Stock Options Exercise +60.1K +390.97% 75.5K Jun 7, 2023 Direct F1

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 Options Exercise $0 -60.1K -100% $0.00* 0 Jun 7, 2023 Class A Common Stock 60.1K Direct F1, F2
transaction DM Restricted Stock Units Award $0 +64.2K $0.00 64.2K Jun 8, 2023 Class A Common Stock 64.2K Direct F1, F3
* 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.
F2 The restricted stock units vested on June 7, 2023. The restricted stock units have no expiration date.
F3 The restricted stock units vest and settle on the earlier of (i) June 8, 2024 or (ii) the day immediately prior to the date of the Issuer's next annual stockholder meeting, subject to the Reporting Person's continued service to Issuer. The restricted stock units have no expiration date.