Wen Hsuan HSIEH - 02 Apr 2025 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role
Director
Signature
/s/ Larry O'Connell, Attorney-in-Fact
Issuer symbol
DM
Transactions as of
02 Apr 2025
Transactions value $
$0
Form type
4
Filing time
04 Apr 2025, 16:05:22 UTC
Previous filing
07 Jun 2024
Next filing
17 Jun 2025
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 +28.6K +204.56% 42.5K 02 Apr 2025 Direct F1
transaction DM Class A Common Stock Disposed to Issuer -42.5K -100% 0 02 Apr 2025 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 -28.6K -100% 0 02 Apr 2025 Class A Common Stock 28.6K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Wen Hsuan HSIEH is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The non-employee directors' restricted stock units that were outstanding immediately prior to the consummation of the merger were vested, converted into the Issuer's Class A Common Stock, cancelled and converted into the right to receive the Per Share Merger Consideration.
F2 Pursuant to the Agreement and Plan of Merger, dated as of July 2, 2024 (the "Merger Agreement"), by and among Desktop Metal, Inc. (the "Issuer"), Nano Dimension Ltd., an Israeli company ("Nano"), and Nano US I, Inc., a Delaware corporation and an indirect wholly owned subsidiary of Nano ("Merger Sub"), on April 2, 2025 (the "Effective Time"), Merger Sub merged with and into the Issuer, with the Issuer surviving the merger as an indirect wholly owned subsidiary of Nano. At the Effective Time, each outstanding share of Class A Common Stock was cancelled and converted into the right to receive $5.295 in cash, without interest (the "Per Share Merger Consideration").
F3 Each restricted stock unit represents a contingent right to receive one shares of the Issuer's Class A Common Stock.