JAMES S. EISENSTEIN - 27 Jul 2022 Form 4 Insider Report for Desktop Metal, Inc. (DM)

Role
Director
Signature
/s/ Meg Broderick, Attorney-in-Fact
Issuer symbol
DM
Transactions as of
27 Jul 2022
Net transactions value
$0
Form type
4
Filing time
29 Jul 2022, 16:05:27 UTC
Previous filing
10 Jun 2022
Next filing
09 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DM Class A Common Stock Options Exercise +10,245 +24% 53,313 27 Jul 2022 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 -10,245 -33% $0.000000 20,491 27 Jul 2022 Class A Common Stock 10,245 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. 33% of the RSUs vested on July 27, 2022, with the remaining restricted stock units vesting in equal annual installments over the following two year period provided that the Reporting Person remains in continuous service on each vesting date. The restricted stock units have no expiration date.