Form Type: 4

SEC EDGAR Link
Accession Number:0001415889-21-004895
Date:2021-10-14
Issuer: DESKTOP METAL, INC. (DM)
Original Submission Date:

Reporting Person:

MYERBERG JONAH
C/O DESKTOP METAL, INC.
63 3RD AVENUE BURLINGTON, MA 01803

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
PERFORMANCE STOCK UNIT 0.0 2021-10-14 deemed execution date A 2,267,567 (a) class a common stock 2,267,567 $0.00 2,267,567 direct
Footnotes
IDfootnote
f1 each performance stock unit, or psu, represents a contingent right to receive one share of issuer class a common stock.
f2 the psus vest based on the issuer's stock price performance over a performance period beginning on the grant date and ending on the seventh anniversary of the grant date, subject to satisfying certain service-based conditions. the award will vest, if at all, in twelve tranches based on the issuer's stock price exceeding certain thresholds. any portion of the award that has not been earned by the seventh anniversary of the grant date will be forfeited.
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