Smith Michael Eric 4
4 · Danimer Scientific, Inc. · Filed Feb 22, 2022
Insider Transaction Report
Form 4
Smith Michael Eric
Chief Operating Officer
Transactions
- Exercise/Conversion
Class A Common Stock ("Common Stock")
2022-02-17$3.28/sh+10,000$32,800→ 358,744 total - Sale
Common Stock
2022-02-17$4.05/sh−10,000$40,500→ 348,744 total - Exercise/Conversion
Stock Option (right to purchase)
2022-02-17−10,000→ 608,909 totalExercise: $3.28Exp: 2026-06-30→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]Includes 348,744 restricted shares of the Common Stock granted under a previously disclosed restricted stock award.
- [F2]This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Smith on June 25, 2021. The Reporting Person exercised no discretion with respect to the sale. Proceeds from the sale were used to pay the exercise price of stock options, pursuant to a broker-assisted cashless exercise, and applicable withholding taxes.
- [F3]The options are fully vested and currently exercisable.