Tuten Scott 4
4 · Danimer Scientific, Inc. · Filed Apr 20, 2022
Insider Transaction Report
Form 4
Tuten Scott
Chief Marketing Officer
Transactions
- Exercise/Conversion
Class A Common Stock ("Common Stock")
2022-04-18$3.28/sh+10,000$32,800→ 514,136 total - Exercise/Conversion
Stock Option (right to purchase)
2022-04-18−10,000→ 271,256 totalExercise: $3.28Exp: 2026-11-14→ Common Stock (10,000 underlying) - Sale
Common Stock
2022-04-18$5.03/sh−10,000$50,250→ 504,136 total
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. Tuten 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.