| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | ||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | ||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Desktop Metal, Inc. [ DM ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 01/18/2024 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
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| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 01/18/2024 | X | 30,000 | A | $2 | 10,976,385 | I | Shiraz Capital LLC | ||
| Common Stock | 01/19/2024 | X | 14,000 | A | $2 | 10,990,385 | I | Shiraz Capital LLC | ||
| Common Stock | 01/19/2024 | X | 112,100 | A | $3 | 11,102,485 | I | Shiraz Capital LLC | ||
| Common Stock | 01/19/2024 | X | 2,000 | A | $5 | 11,104,485 | I | Shiraz Capital LLC | ||
| Common Stock | 01/19/2024 | X | 228,300 | A | $2.5 | 11,332,785 | I | Shiraz Capital LLC | ||
| Common Stock | 01/19/2024 | X | 130,200 | A | $1.5 | 4,675,311 | I | By Corcaigh LLC | ||
| Common Stock | 01/19/2024 | X | 761,200 | A | $1.5 | 6,372,400 | I | By Infinity Trusts Investment LLC | ||
| Common Stock | 01/19/2024 | X | 287,400 | A | $2.5 | 6,659,800 | I | By Infinity Trusts Investment LLC | ||
| Common Stock | 01/18/2024 | X | 3,600 | A | $1.5 | 19,788,454 | I | By Crescent River LLC | ||
| Common Stock | 01/19/2024 | X | 1,952,400 | A | $2 | 21,740,854 | I | By Crescent River LLC | ||
| Common Stock | 01/19/2024 | X | 2,119,700 | A | $1.5 | 23,860,554 | I | By Crescent River LLC | ||
| Common Stock | 01/19/2024 | X | 43,700 | A | $2.5 | 23,904,254 | I | By Crescent River LLC | ||
| Common Stock | 416,700 | I | By Havana 2020 GRAT | |||||||
| Common Stock | 583,421 | I | By Elstead 2020 GRAT | |||||||
| Common Stock | 1,210,300 | I | By Farhad F Ebrahimi Roth IRA | |||||||
| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| PUT Option (Obligation to Buy) | $1.5 | 01/18/2024 | X | 3,600 | 12/16/2022 | 01/19/2024 | Common Stock | 3,600 | $0 | 2,119,700 | I | By Crescent River LLC | |||
| PUT Option (Obligation to Buy) | $2 | 01/18/2024 | X | 30,000 | 07/14/2023 | 02/16/2024 | Common Stock | 30,000 | $0 | 128,400 | I | By Shiraz Capital, LLC | |||
| PUT Option (Obligation to Buy) | $2 | 01/19/2024 | X | 1,252,800 | 06/05/2023 | 01/19/2024 | Common Stock | 1,252,800 | $0 | 676,500 | I | By Crescent River LLC | |||
| PUT Option (Obligation to Buy) | $2 | 01/19/2024 | X | 600,000 | 07/13/2023 | 01/19/2024 | Common Stock | 600,000 | $0 | 76,500 | I | By Crescent River LLC | |||
| PUT Option (Obligation to Buy) | $2 | 01/19/2024 | X | 57,400 | 06/06/2023 | 01/19/2024 | Common Stock | 57,400 | $0 | 19,100 | I | By Crescent River LLC | |||
| PUT Option (Obligation to Buy) | $2 | 01/19/2024 | X | 19,100 | 06/07/2023 | 01/19/2024 | Common Stock | 19,100 | $0 | 0 | I | By Crescent River LLC | |||
| PUT Option (Obligation to Buy) | $2 | 01/19/2024 | X | 23,100 | 07/07/2023 | 02/16/2024 | Common Stock | 23,100 | $0 | 413,000 | I | By Crescent River LLC | |||
| PUT Option (Obligation to Buy) | $1.5 | 01/19/2024 | X | 19,700 | 12/16/2022 | 01/19/2024 | Common Stock | 19,700 | $0 | 2,100,000 | I | By Crescent River LLC | |||
| PUT Option (Obligation to Buy) | $1.5 | 01/19/2024 | X | 236,700 | 08/02/2022 | 01/19/2024 | Common Stock | 236,700 | $0 | 1,863,300 | I | By Crescent River LLC | |||
| PUT Option (Obligation to Buy) | $1.5 | 01/19/2024 | X | 63,300 | 08/03/2022 | 01/19/2024 | Common Stock | 63,300 | $0 | 1,800,000 | I | By Crescent River LLC | |||
| PUT Option (Obligation to Buy) | $1.5 | 01/19/2024 | X | 300,000 | 03/02/2023 | 01/19/2024 | Common Stock | 300,000 | $0 | 1,500,000 | I | By Crescent River LLC | |||
| PUT Option (Obligation to Buy) | $1.5 | 01/19/2024 | X | 300,000 | 10/26/2022 | 01/19/2024 | Common Stock | 300,000 | $0 | 1,200,000 | I | By Crescent River LLC | |||
| PUT Option (Obligation to Buy) | $1.5 | 01/19/2024 | X | 300,000 | 03/06/2023 | 01/19/2024 | Common Stock | 300,000 | $0 | 900,000 | I | By Crescent River LLC | |||
| PUT Option (Obligation to Buy) | $1.5 | 01/19/2024 | X | 600,000 | 05/23/2023 | 01/19/2024 | Common Stock | 600,000 | $0 | 300,000 | I | By Crescent River LLC | |||
| PUT Option (Obligation to Buy) | $1.5 | 01/19/2024 | X | 300,000 | 05/26/2023 | 01/19/2024 | Common Stock | 300,000 | $0 | 0 | I | By Crescent River LLC | |||
| PUT Option (Obligation to Buy) | $2.5 | 01/19/2024 | X | 43,700 | 03/06/2023 | 01/19/2024 | Common Stock | 43,700 | $0 | 0 | I | By Crescent River LLC | |||
| PUT Option (Obligation to Buy) | $1.5 | 01/19/2024 | X | 161,200 | 05/11/2023 | 01/19/2024 | Common Stock | 161,200 | $0 | 600,000 | I | By Infinity Trusts Investment LLC | |||
| PUT Option (Obligation to Buy) | $1.5 | 01/19/2024 | X | 600,000 | 05/05/2023 | 01/19/2024 | Common Stock | 600,000 | $0 | 0 | I | By Infinity Trusts Investment LLC | |||
| PUT Option (Obligation to Buy) | $2.5 | 01/19/2024 | X | 187,400 | 03/02/2023 | 01/19/2024 | Common Stock | 187,400 | $0 | 100,000 | I | By Infinity Trusts Investment LLC | |||
| PUT Option (Obligation to Buy) | $2.5 | 01/19/2024 | X | 100,000 | 05/01/2023 | 01/19/2024 | Common Stock | 100,000 | $0 | 0 | I | By Infinity Trusts Investment LLC | |||
| PUT Option (Obligation to Buy) | $2 | 01/19/2024 | X | 14,000 | 07/14/2023 | 02/16/2024 | Common Stock | 14,000 | $0 | 114,400 | I | By Shiraz Capital, LLC | |||
| PUT Option (Obligation to Buy) | $3 | 01/19/2024 | X | 112,100 | 03/08/2023 | 01/19/2024 | Common Stock | 112,100 | $0 | 0 | I | By Shiraz Capital, LLC | |||
| PUT Option (Obligation to Buy) | $5 | 01/19/2024 | X | 900 | 10/15/2021 | 01/19/2024 | Common Stock | 900 | $0 | 1,100 | I | By Shiraz Capital, LLC | |||
| PUT Option (Obligation to Buy) | $5 | 01/19/2024 | X | 1,100 | 10/04/2021 | 01/19/2024 | Common Stock | 1,100 | $0 | 0 | I | By Shiraz Capital, LLC | |||
| PUT Option (Obligation to Buy) | $2.5 | 01/19/2024 | X | 228,300 | 03/06/2023 | 01/19/2024 | Common Stock | 228,300 | $0 | 0 | I | By Shiraz Capital, LLC | |||
| PUT Option (Obligation to Buy) | $1.5 | 01/19/2024 | X | 130,200 | 08/09/2023 | 01/19/2024 | Common Stock | 130,200 | $0 | 0 | I | By Corcaigh LLC | |||
| Explanation of Responses: |
| Remarks: |
| The Power of Attorney granting Brad Nelson authority to act as attorney-in-fact for Farhad Fred Ebrahimi was filed as Exhibit A to a Form 13D filed with the Commission on May 30, 2023. |
| Brad Nelson as Attorney in Fact for Farhad Fred Ebrahimi | 01/22/2024 | |
| ** Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.