Jonah Myerberg - 15 Feb 2024 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role
CHIEF TECHNOLOGY OFFICER
Signature
/s/ Meg Broderick, Attorney-in-Fact
Issuer symbol
DM
Transactions as of
15 Feb 2024
Net transactions value
-$29,266
Form type
4
Filing time
20 Feb 2024, 16:05:38 UTC
Previous filing
16 Feb 2023
Next filing
05 Mar 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 +135,869 +5.9% 2,425,533 15 Feb 2024 Direct F1
transaction DM Class A Common Stock Tax liability $29,266 -47,704 -2% $0.6135 2,377,829 15 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 -135,869 -100% 0 15 Feb 2024 Class A Common Stock 135,869 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 February 15, 2024. The restricted stock units have no expiration date.