4//SEC Filing
CROSKREY STEPHEN 4
Accession 0001213900-21-015201
CIK 0001779020other
Filed
Mar 11, 7:00 PM ET
Accepted
Mar 12, 5:46 PM ET
Size
6.6 KB
Accession
0001213900-21-015201
Insider Transaction Report
Form 4
CROSKREY STEPHEN
Director
Transactions
- Award
Class A Common Stock ("Common Stock")
2021-03-10+1,509,036→ 5,098,914 total
Footnotes (3)
- [F1]Comprised of a restricted stock award (the "RSA") granted under the Danimer Scientific, Inc. 2020 Long-Term Incentive Plan (the "Plan") consisting of 1,509,036 restricted shares of the Common Stock (the "Restricted Shares").
- [F2]Under the RSA, the Restricted Shares shall vest as follows: (i) one-sixth of the Restricted Shares shall vest on December 29, 2021 (the "First Time Vesting Date"); (ii) one-sixth of the Restricted Shares shall vest on December 29, 2022 (the "Second Time Vesting Date"); (iii) one-sixth of the Restricted Shares shall vest on December 29, 2023 (the "Third Time Vesting Date"); (iv) one-sixth of the Restricted Shares shall vest if the volume weighted average trading price (the "VWAP") of a share of Common Stock equals or exceeds $24.20 for any 20 trading dates within a 30 day trading period beginning on the First Time Vesting Date and ending on December 29, 2030;
- [F3]Continuation of footnote (2): (v) one-sixth of the Restricted Shares shall vest if the VWAP of a share of Common Stock equals or exceeds $24.20 for any 20 trading dates within a 30 day trading period beginning on the Second Time Vesting Date and ending on December 29, 2030; and (vi) one-sixth of the Restricted Shares shall vest if the VWAP of a share of Common Stock equals or exceeds $24.20 for any 20 trading dates within a 30 day trading period beginning on the Third Time Vesting Date and ending on December 29, 2030.
Documents
Issuer
Danimer Scientific, Inc.
CIK 0001779020
Entity typeother
Related Parties
1- filerCIK 0001140350
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 7:00 PM ET
- Accepted
- Mar 12, 5:46 PM ET
- Size
- 6.6 KB