Steve Papa - 07 Jun 2023 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role: Director
Signature: /s/ Meg Broderick, Attorney-in-Fact
Issuer symbol: DM
Transactions as of: 07 Jun 2023
Net transactions value: $0
Form type: 4
Filing time: 09 Jun 2023, 16:05:26 UTC
Previous filing: 10 Jun 2022
Next filing: 10 Jun 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		+60,085	+391%		75,453	07 Jun 2023	Direct	F1

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	$0	-60,085	-100%	$0.000000^*	0	07 Jun 2023	Class A Common Stock	60,085		Direct	F1, F2
transaction	DM	Restricted Stock Units	Award	$0	+64,220		$0.000000	64,220	08 Jun 2023	Class A Common Stock	64,220		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Class A Common Stock for each RSU.
F2	The restricted stock units vested on June 7, 2023. The restricted stock units have no expiration date.
F3	The restricted stock units vest and settle on the earlier of (i) June 8, 2024 or (ii) the day immediately prior to the date of the Issuer's next annual stockholder meeting, subject to the Reporting Person's continued service to Issuer. The restricted stock units have no expiration date.