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

Signature
/s/ Meg Broderick, Attorney-in-Fact
Stock symbol
DM
Transactions as of
Feb 15, 2024
Transactions value $
-$17,560
Form type
4
Date filed
2/20/2024, 04:05 PM
Previous filing
Feb 13, 2024
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DM Class A Common Stock Options Exercise +81.5K +26.32% 391K Feb 15, 2024 Direct F1
transaction DM Class A Common Stock Tax liability -$17.6K -28.6K -7.32% $0.61 363K Feb 15, 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 -81.5K -100% 0 Feb 15, 2024 Class A Common Stock 81.5K 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.