Dayna B. Grayson - 06 Jun 2024 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role
Director
Signature
/s/ Meg Broderick, Attorney-in-Fact
Issuer symbol
DM
Transactions as of
06 Jun 2024
Net transactions value
$0
Form type
4
Filing time
10 Jun 2024, 18:00:14 UTC
Previous filing
09 Jun 2023
Next filing
04 Apr 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 +6,422 +84% 14,056 06 Jun 2024 Direct F1, 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 $0 -6,422 -100% $0.000000* 0 06 Jun 2024 Class A Common Stock 6,422 Direct F1, F2, F3
transaction DM Restricted Stock Units Award $0 +28,571 $0.000000 28,571 07 Jun 2024 Class A Common Stock 28,571 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of securities reported herein have been adjusted to reflect the 1-for-10 reverse stock split effected by the Issuer on June 10, 2024.
F2 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.
F3 The restricted stock units vested on June 6, 2024. The restricted stock units have no expiration date.
F4 The restricted stock units vest and settle on the earlier of (i) June 7, 2025 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.