Jeffrey R. Immelt - Apr 2, 2025 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role: Director
Signature: /s/ Larry O'Connell, Attorney-in-Fact
Stock symbol: DM
Transactions as of: Apr 2, 2025
Transactions value $: $0
Form type: 4
Date filed: 4/4/2025, 04:05 PM
Previous filing: Apr 2, 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	+159.23%		46.5K	Apr 2, 2025	Direct	F1
transaction	DM	Class A Common Stock	Disposed to Issuer		-46.5K	-100%		0	Apr 2, 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	Apr 2, 2025	Class A Common Stock	28.6K		Direct	F1, F3
transaction	DM	Stock Option	Disposed to Issuer		-39.1K	-100%		0	Apr 2, 2025	Class A Common Stock	39.1K	$24.57	Direct	F4

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

Jeffrey R. Immelt 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.
F4	Pursuant to the Merger Agreement, at the Effective Time, each outstanding option was cancelled and converted into the right to receive an amount of cash equal to the product of (i) the excess of the Per Share Merger Consideration over the per share exercise price of such option, multiplied by (ii) the number of shares of common stock subject to the vested portion of the option immediately prior to the Effective Time, without interest and less applicable tax withholdings. Any options that have a per share exercise price equal to or exceeding the Per Share Merger Consideration were cancelled for no consideration.