Shai Terem - 01 Jul 2023 Form 4 Insider Report for Markforged Holding Corp (MKFG)

Signature
/s/ Stephen Karp, as Attorney-in-Fact
Issuer symbol
MKFG
Transactions as of
01 Jul 2023
Net transactions value
+$2,538,654
Form type
4
Filing time
05 Jul 2023, 16:31:49 UTC
Previous filing
23 May 2023
Next filing
15 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKFG Common Stock Tax liability $58,024 -47,954 -2.1% $1.21 2,186,888 01 Jul 2023 Direct F1
transaction MKFG Common Stock Award $2,596,679 +2,182,083 +100% $1.19 4,368,971 05 Jul 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Issuer to cover taxes associated with settlement of restricted stock units.
F2 Consists of a Restricted Stock Unit ("RSU") award made pursuant to the Issuer's 2021 Stock Option and Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration. The RSUs shall vest in sixteen equal quarterly installments, with the first installment vesting on October 1, 2023, subject to the Reporting Person's continuous service to the Issuer on each such date.