Jonah Myerberg - 15 May 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 May 2024
Net transactions value
-$7,077
Form type
4
Filing time
17 May 2024, 08:53:36 UTC
Previous filing
28 Mar 2024
Next filing
20 May 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 +33,967 +1.4% 2,504,800 15 May 2024 Direct F1
transaction DM Class A Common Stock Tax liability $7,077 -11,328 -0.45% $0.6247 2,493,472 15 May 2024 Direct F2
holding DM Class A Common Stock 1,017,274 15 May 2024 By Spouse

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 -33,967 -100% 0 15 May 2024 Class A Common Stock 33,697 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 May 15, 2024. The restricted stock units have no expiration date.