Nigro Stephen James 4
4 · Desktop Metal, Inc. · Filed Apr 4, 2025
Insider Transaction Report
Form 4
Nigro Stephen James
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2025-04-02+28,571→ 56,341 total - Disposition to Issuer
Class A Common Stock
2025-04-02−56,341→ 0 total - Exercise/Conversion
Restricted Stock Units
2025-04-02−28,571→ 0 total→ Class A Common Stock (28,571 underlying)
Footnotes (3)
- [F1]The non-employee directors' restricted stock units that were outstanding immediately prior to the consummation of the merger were vested, converted into the Issuer's Class A Common Stock, cancelled and converted into the right to receive the Per Share Merger Consideration.
- [F2]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").
- [F3]Each restricted stock unit represents a contingent right to receive one shares of the Issuer's Class A Common Stock.