Myerberg Jonah 4
4 · Desktop Metal, Inc. · Filed Apr 4, 2025
Insider Transaction Report
Form 4
Myerberg Jonah
CHIEF TECHNOLOGY OFFICER
Transactions
- Disposition to Issuer
Class A Common Stock
2025-04-02−101,727→ 0 total(indirect: By Spouse) - Disposition to Issuer
Stock Option
2025-04-02−3,213→ 0 totalExercise: $14.10Exp: 2030-06-10→ Class A Common Stock (3,213 underlying) - Disposition to Issuer
Class A Common Stock
2025-04-02−247,533→ 0 total - Disposition to Issuer
Restricted Stock Units
2025-04-02−78,896→ 0 total→ Class A Common Stock (78,896 underlying)
Footnotes (3)
- [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.
- [F3]Pursuant to the Merger Agreement, at the Effective Time, each outstanding option was cancelled and converted into the right to receive an amount of cash equal to the product of (i) the excess of the Per Share Merger Consideration over the per share exercise price of such option, multiplied by (ii) the number of shares of common stock subject to the vested portion of the option immediately prior to the Effective Time, without interest and less applicable tax withholdings. Any options that have a per share exercise price equal to or exceeding the Per Share Merger Consideration were cancelled for no consideration.