Jonah Myerberg - 27 Mar 2024 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Signature
/s/ Meg Broderick, Attorney-in-Fact
Issuer symbol
DM
Transactions as of
27 Mar 2024
Net transactions value
$0
Form type
4
Filing time
28 Mar 2024, 18:01:12 UTC
Previous filing
05 Mar 2024
Next filing
17 May 2024

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 Award $0 +689,655 $0.000000 689,655 27 Mar 2024 Class A Common Stock 689,655 Direct F1, F2
* 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 25% of the restricted stock units will vest on March 27, 2025, with the remaining restricted stock units vesting in equal quarterly installments over the following three year period. The restricted stock units have no expiration date.