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

Signature
/s/ Meg Broderick, Attorney-in-Fact
Issuer symbol
DM
Transactions as of
01 Mar 2024
Net transactions value
-$21,575
Form type
4
Filing time
05 Mar 2024, 16:05:40 UTC
Previous filing
20 Feb 2024
Next filing
28 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DM Class A Common Stock Options Exercise +107,579 +30% 470,240 01 Mar 2024 Direct F1
transaction DM Class A Common Stock Tax liability $21,575 -35,374 -7.5% $0.6099 434,866 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 -107,579 -100% 0 01 Mar 2024 Class A Common Stock 107,579 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.