Scott Tuten - 18 Oct 2021 Form 4 Insider Report for Danimer Scientific, Inc. (DNMR)

Signature
/s/ Scott Tuten
Issuer symbol
DNMR
Transactions as of
18 Oct 2021
Net transactions value
-$106,380
Form type
4
Filing time
20 Oct 2021, 16:06:49 UTC
Previous filing
20 Sep 2021
Next filing
19 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DNMR Class A Common Stock ("Common Stock") Options Exercise $32,800 +10,000 +1.9% $3.28 542,651 18 Oct 2021 Direct F1
transaction DNMR Common Stock Sale $139,180 -10,000 -1.8% $13.92* 532,651 18 Oct 2021 Direct F1, F2, F3

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 DNMR Stock Option (right to purchase) Options Exercise $0 -10,000 -20% $0.000000 41,249 18 Oct 2021 Common Stock 10,000 $3.28 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 377,259 restricted shares of the Common Stock granted under a previously disclosed restricted stock award.
F2 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Tuten on June 25, 2021. The Reporting Person exercised no discretion with respect to the sale. Proceeds from the sale were used to pay the exercise price of stock options, pursuant to a broker-assisted cashless exercise, and applicable withholding taxes.
F3 The October 18, 2021 sale of 10,000 shares of Common Stock was executed in multiple trades at prices ranging from $13.91 to $13.96. The price reported above reflects the volume-weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 The options are fully vested and currently exercisable.