Cole Jason M 4
4 · Desktop Metal, Inc. · Filed Apr 4, 2025
Insider Transaction Report
Form 4
Cole Jason M
CFO & TREASURER
Transactions
- Disposition to Issuer
Class A Common Stock
2025-04-02−112,829→ 0 total - Disposition to Issuer
Restricted Stock Units
2025-04-02−191,282→ 0 total→ Class A Common Stock (191,282 underlying)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of July 2, 2024 (the "Merger Agreement"), by and among Desktop Metal, Inc. (the "Issuer"), Nano Dimension Ltd., an Israeli company ("Nano"), and Nano US I, Inc., a Delaware corporation and an indirect wholly owned subsidiary of Nano ("Merger Sub"), on April 2, 2025 (the "Effective Time"), Merger Sub merged with and into the Issuer, with the Issuer surviving the merger as an indirect wholly owned subsidiary of Nano. At the Effective Time, each outstanding share of Class A Common Stock was cancelled and converted into the right to receive $5.295 in cash, without interest (the "Per Share Merger Consideration").
- [F2]Pursuant to the Merger Agreement, at the Effective Time, each outstanding time-vesting restricted stock unit was cancelled and replaced with the grant by Nano of a restricted stock unit award of Nano.