Jason M. Cole - 01 Feb 2024 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
01 Feb 2024
Net transactions value
-$20,388
Form type
4
Filing time
05 Feb 2024, 16:05:30 UTC
Previous filing
29 Nov 2023
Next filing
20 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DM Class A Common Stock Options Exercise +93,750 +32% 391,088 01 Feb 2024 Direct F1
transaction DM Class A Common Stock Tax liability $20,388 -32,916 -8.4% $0.6194 358,172 01 Feb 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 -93,750 -100% $0.000000* 0 01 Feb 2024 Class A Common Stock 93,750 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 February 1, 2024. The restricted stock units have no expiration date.