Linardos Elizabeth 4

Accession 0001104659-20-134903

CIK 0001754820other

View on SEC.gov Company Profile

Filed

Dec 10, 7:00 PM ET

Accepted

Dec 11, 8:18 PM ET

Size

18.1 KB

Accession

0001104659-20-134903

Insider Transaction Report

Form 4

Period: 2020-12-09

Desktop Metal, Inc.DM

Linardos Elizabeth

CFO & Treasurer

Transactions

Award
Stock Option
2020-12-09+55,337→ 55,337 total
Exercise: $1.41Exp: 2027-11-30→ Class A Common Stock (55,337 underlying)
Award
Stock Option
2020-12-09+30,530→ 30,530 total
Exercise: $1.41Exp: 2030-06-10→ Class A Common Stock (30,530 underlying)
Award
Stock Option
2020-12-09+4,324→ 4,324 total
Exercise: $3.35Exp: 2029-05-07→ Class A Common Stock (4,324 underlying)
Award
Stock Option
2020-12-09+512,911→ 512,911 total
Exercise: $1.41Exp: 2030-08-04→ Class A Common Stock (512,911 underlying)
Award
Stock Option
2020-12-09+121,739→ 121,739 total
Exercise: $2.46Exp: 2027-11-30→ Class A Common Stock (121,739 underlying)
Award
Stock Option
2020-12-09+7,887→ 7,887 total
Exercise: $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.

Documents

1 file

4
tm2038231-5_4seq1.xmlPrimary
OWNERSHIP DOCUMENT

Issuer

Desktop Metal, Inc.

CIK 0001754820

→

Entity typeother

Related Parties

filerCIK 0001835144

Filing Metadata

Form type: 4
Filed: Dec 10, 7:00 PM ET
Accepted: Dec 11, 8:18 PM ET
Size: 18.1 KB

View on SEC.gov