0001104659-20-134911.txt : 20201211
0001104659-20-134911.hdr.sgml : 20201211
20201211202240
ACCESSION NUMBER: 0001104659-20-134911
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201209
FILED AS OF DATE: 20201211
DATE AS OF CHANGE: 20201211
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Billow Steven A.
CENTRAL INDEX KEY: 0001835133
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38835
FILM NUMBER: 201384851
MAIL ADDRESS:
STREET 1: C/O DESKTOP METAL, INC.
STREET 2: 63 THIRD AVENUE
CITY: BURLINGTON
STATE: MA
ZIP: 01803
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Desktop Metal, Inc.
CENTRAL INDEX KEY: 0001754820
STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577]
IRS NUMBER: 832044042
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 405 LEXINGTON AVENUE
STREET 2: 48TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10174
BUSINESS PHONE: 2125032855
MAIL ADDRESS:
STREET 1: 405 LEXINGTON AVENUE
STREET 2: 48TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10174
FORMER COMPANY:
FORMER CONFORMED NAME: Trine Acquisition Corp.
DATE OF NAME CHANGE: 20181001
4
1
tm2038231-9_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2020-12-09
0
0001754820
Desktop Metal, Inc.
DM
0001835133
Billow Steven A.
C/O DESKTOP METAL, INC.
63 3RD AVENUE
BURLINGTON
MA
01803
0
1
0
0
President
Stock Option
1.41
2020-12-09
4
A
0
763261
A
2029-02-28
Class A Common Stock
763261
763261
D
Stock Option
3.35
2020-12-09
4
A
0
457956
A
2029-02-28
Class A Common Stock
457956
457956
D
Stock Option
1.41
2020-12-09
4
A
0
457957
A
2030-06-10
Class A Common Stock
457957
457957
D
The stock option vests with respect to 25% of the underlying shares on September 1, 2021 and vests with respect to the remaining shares in 36 equal monthly installments thereafter.
Pursuant to the business combination of Trine Acquisition Corp. and Desktop Metal, Inc. ("Old Desktop"), each share of Old Desktop outstanding common and preferred stock were automatically converted into the right to receive shares of the Issuer's Class A Common Stock based on a 1-to-1.221218442 conversion ratio (the "Conversion Ratio"). In addition, each outstanding Old Desktop equity award was automatically converted into a corresponding equity award of the Issuer based on the Conversion Ratio and with the same terms and vesting conditions as the Old Desktop equity awards.
The stock option is fully vested.
The stock option vests with respect to 25% of the underlying shares on May 1, 2021 and with respect to the remaining shares in 36 equal monthly installments thereafter.
By: /s/ Meg Broderick, Attorney-in-Fact
2020-12-11