Linardos Elizabeth 4
4 · Desktop Metal, Inc. · Filed Dec 11, 2020
Insider Transaction Report
Form 4
Linardos Elizabeth
CFO & Treasurer
Transactions
- Award
Stock Option
2020-12-09+55,337→ 55,337 totalExercise: $1.41Exp: 2027-11-30→ Class A Common Stock (55,337 underlying) - Award
Stock Option
2020-12-09+30,530→ 30,530 totalExercise: $1.41Exp: 2030-06-10→ Class A Common Stock (30,530 underlying) - Award
Stock Option
2020-12-09+4,324→ 4,324 totalExercise: $3.35Exp: 2029-05-07→ Class A Common Stock (4,324 underlying) - Award
Stock Option
2020-12-09+512,911→ 512,911 totalExercise: $1.41Exp: 2030-08-04→ Class A Common Stock (512,911 underlying) - Award
Stock Option
2020-12-09+121,739→ 121,739 totalExercise: $2.46Exp: 2027-11-30→ Class A Common Stock (121,739 underlying) - Award
Stock Option
2020-12-09+7,887→ 7,887 totalExercise: $1.41Exp: 2029-05-07→ Class A Common Stock (7,887 underlying)
Footnotes (7)
- [F1]The option is fully vested.
- [F2]The stock option vested with respect to 50% of the underlying shares upon the closing of the Business Combination (see note 7). The remaining unvested shares vest as to 25% of the underlying shares on September 1, 2021 and with respect to the remaining shares in 36 equal monthly installments thereafter.
- [F3]The stock option is fully vested.
- [F4]The stock option vested with respect to 50% of the underlying shares upon the closing of the Business Combination (see note 7). The remaining unvested shares vest as to 25% of the underlying shares on September 1, 2021 and with respect to the remaining shares in 36 equal monthly installments thereafter.
- [F5]The stock option vested with respect to 50% of the underlying shares upon the closing of the Business Combination (see note 7). The remaining unvested shares vest as to 25% of the underlying shares on May 1, 2021 and with respect to the remaining shares in 36 equal monthly installments thereafter.
- [F6]The stock option vested with respect to 50% of the underlying shares upon the closing of the Business Combination (see note 7). The remaining unvested shares vest as to 25% of the underlying shares on July 17, 2021 and with respect to the remaining shares in 36 equal monthly installments thereafter.
- [F7]Pursuant to the business combination of Trine Acquisition Corp. and Desktop Metal, Inc. ("Old Desktop" and such business combination, the "Business Combination"), 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.