Jason M. Cole - Feb 1, 2024 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role
CFO & TREASURER
Signature
/s/ Meg Broderick, Attorney-in-Fact
Stock symbol
DM
Transactions as of
Feb 1, 2024
Transactions value $
-$20,388
Form type
4
Date filed
2/5/2024, 04:05 PM
Previous filing
Nov 29, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DM Class A Common Stock Options Exercise +93.8K +31.53% 391K Feb 1, 2024 Direct F1
transaction DM Class A Common Stock Tax liability -$20.4K -32.9K -8.42% $0.62 358K Feb 1, 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 -93.8K -100% $0.00* 0 Feb 1, 2024 Class A Common Stock 93.8K 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.