Jason M. Cole - Nov 1, 2023 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role
CFO & TREASURER
Signature
/s/ Meg Broderick
Stock symbol
DM
Transactions as of
Nov 1, 2023
Transactions value $
-$89,811
Form type
4
Date filed
11/3/2023, 04:05 PM
Previous filing
Mar 2, 2023
Next filing
Nov 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DM Class A Common Stock Options Exercise +375K +1157.37% 407K Nov 1, 2023 Direct F1
transaction DM Class A Common Stock Tax liability -$89.8K -110K -27.02% $0.82 297K Nov 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 Options Exercise $0 -375K -100% $0.00* 0 Nov 1, 2023 Class A Common Stock 375K 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 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.
F3 The restricted stock units vested on November 1, 2023. The restricted stock units have no expiration date.