Arjun Aggarwal - 01 Jun 2022 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role: CHIEF PRODUCT OFFICER
Signature: /s/ Meg Broderick, Attorney-in-Fact
Issuer symbol: DM
Transactions as of: 01 Jun 2022
Net transactions value: -$5,628
Form type: 4
Filing time: 02 Jun 2022, 16:05:13 UTC
Previous filing: 15 Feb 2022
Next filing: 02 Sep 2022
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		+9,933			9,933	01 Jun 2022	Direct	F1
transaction	DM	Class A Common Stock	Tax liability	$5,628	-2,916	-29%	$1.93	7,017	01 Jun 2022	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	$0	-9,933	-25%	$0.000000	29,802	01 Jun 2022	Class A Common Stock	9,933		Direct	F1

* 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. 25% of the RSUs vested on June 1, 2022, with the remaining restricted stock units vesting in equal quarterly installments over the following three year period provided that the Reporting Person remains in continuous service on each vesting date. The restricted stock units have no expiration date.
F2	Represents shares of Class A Common Stock withheld by Desktop Metal, Inc. to cover tax withholding obligations in connection with the vesting of restricted stock units.

Content

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. 25% of the RSUs vested on June 1, 2022, with the remaining restricted stock units vesting in equal quarterly installments over the following three year period provided that the Reporting Person remains in continuous service on each vesting date. The restricted stock units have no expiration date.

Represents shares of Class A Common Stock withheld by Desktop Metal, Inc. to cover tax withholding obligations in connection with the vesting of restricted stock units.