Linden Josephine 4
4 · Trine Acquisition Corp. · Filed Dec 9, 2020
Insider Transaction Report
Form 4
Linden Josephine
Director
Transactions
- Exercise/Conversion
Class B Common Stock
2020-12-09−25,000→ 0 total→ Class A Common Stock - Exercise/Conversion
Class A Common Stock
2020-12-09+25,000→ 25,000 total
Footnotes (2)
- [F1]As described in the registration statement on Form S-1 (File No. 333-229853) of Trine Acquisition Corp. (the "Issuer") under the heading "Description of Securities-Founder Shares," the shares of Class B common stock of the Issuer (the "Class B Shares") will automatically convert into shares of Class A common stock of the Issuer (the "Class A Shares") at the time of the issuer's initial business combination or earlier at the option of the holder, in each case, on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights.
- [F2]On December 9, 2020, the Issuer consummated its initial business combination (the "Business Combination") with Desktop Metal, Inc., a Delaware corporation ("Desktop Metal"). In connection with the Business Combination, each Class B Share converted to one Class A Share.