Thomas Nogueira - 02 Jan 2024 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Signature
/s/ Meg Broderick, Attorney-in-Fact
Issuer symbol
DM
Transactions as of
02 Jan 2024
Net transactions value
-$4,396
Form type
4
Filing time
04 Jan 2024, 16:05:28 UTC
Previous filing
04 Dec 2023
Next filing
13 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DM Class A Common Stock Options Exercise +17,073 +5.6% 321,150 02 Jan 2024 Direct F1
transaction DM Class A Common Stock Tax liability $4,396 -5,995 -1.9% $0.7332 315,155 02 Jan 2024 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 -17,073 -100% $0.000000* 0 02 Jan 2024 Class A Common Stock 17,073 Direct F1, F3
* 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 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 January 2, 2024. The restricted stock units have no expiration date.