Jason M. Cole - 28 Nov 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
28 Nov 2023
Net transactions value
$0
Form type
4
Filing time
29 Nov 2023, 16:05:10 UTC
Previous filing
03 Nov 2023
Next filing
05 Feb 2024
SEC
View on sec.gov

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 +735,023 $0.000000 735,023 28 Nov 2023 Class A Common Stock 735,023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one shares of the Issuer's Class A Common Stock.
F2 25% of the restricted stock units will vest on November 1, 2024, with the remaining restricted stock units vesting in equal quarterly installments over the following three year period. The restricted stock units have no expiration date.