SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
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*
EBRAHIMI FARHAD FRED

(Last) (First) (Middle)
191 UNIVERSITY BLVD, SUITE 246

(Street)
DENVER CO 80206

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Desktop Metal, Inc. [ DM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/18/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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)
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
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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)
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.