Accession Number: | 0001415889-21-004895 |
Date: | 2021-10-14 |
Issuer: | DESKTOP METAL, INC. (DM) |
Original Submission Date: |
MYERBERG JONAH
C/O DESKTOP METAL, INC.
63 3RD AVENUE
BURLINGTON, MA 01803
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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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 Exercisable | Expiration 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 |
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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 |
ID | footnote |
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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. |