Ric Fulop - 01 Mar 2024 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: /s/ Meg Broderick, Attorney-in-Fact
Issuer symbol: DM
Transactions as of: 01 Mar 2024
Net transactions value: -$44,119
Form type: 4
Filing time: 05 Mar 2024, 16:05:30 UTC
Previous filing: 20 Feb 2024
Next filing: 11 Jun 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		+220,986	+1.1%		20,507,764	01 Mar 2024	Direct	F1
transaction	DM	Class A Common Stock	Tax liability	$44,119	-72,338	-0.35%	$0.6099	20,435,426	01 Mar 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		-220,986	-100%		0	01 Mar 2024	Class A Common Stock	220,986		Direct	F1

* 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. 100% of the RSUs vested on March 1, 2024. The restricted stock units have no expiration date.
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.