4//SEC Filing
Mirman Ilya 4
Accession 0001104659-20-134901
CIK 0001754820other
Filed
Dec 10, 7:00 PM ET
Accepted
Dec 11, 8:17 PM ET
Size
8.4 KB
Accession
0001104659-20-134901
Insider Transaction Report
Form 4
Mirman Ilya
Chief Marketing Officer
Transactions
- Award
Stock Option
2020-12-09+793,791→ 793,791 totalExercise: $2.46Exp: 2028-02-26→ Class A Common Stock (793,791 underlying) - Award
Stock Option
2020-12-09+228,978→ 228,978 totalExercise: $1.41Exp: 2030-06-10→ Class A Common Stock (228,978 underlying)
Footnotes (3)
- [F1]The stock option vested with respect to 25% of the underlying shares on February 12, 2019 and with respect to the remaining shares in 36 equal monthly installments thereafter.
- [F2]Pursuant to the business combination of Trine Acquisition Corp. and Desktop Metal, Inc. ("Old Desktop"), each share of Old Desktop outstanding common and preferred stock were automatically converted into the right to receive shares of the Issuer's Class A Common Stock based on a 1-to-1.221218442 conversion ratio (the "Conversion Ratio). In addition, each outstanding Old Desktop equity award was automatically converted into a corresponding equity award of the Issuer based on the Conversion Ratio and with the same terms and vesting conditions as the Old Desktop equity awards.
- [F3]The stock option vests with respect to 25% of the underlying shares on May 1, 2021 and with respect to the remaining shares in 36 equal monthly installments thereafter.
Documents
Issuer
Desktop Metal, Inc.
CIK 0001754820
Entity typeother
Related Parties
1- filerCIK 0001835218
Filing Metadata
- Form type
- 4
- Filed
- Dec 10, 7:00 PM ET
- Accepted
- Dec 11, 8:17 PM ET
- Size
- 8.4 KB