HPS INVESTMENT PARTNERS, LLC exercised options at DESKTOP METAL, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 12/9/2020ACC: 0000950142-20-002730
10% Owner
Since Mar 2019
-8.50M
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
3
Total transactions
7.40M acquired · 15.91M disposed
Non-Derivative Transactions1
Class A Common Stock
Indirect
Shares
+7.40M
Price / share
—
Trade value
—
% of position
New position
12/9/2020
0.00→7.40M
Total
Net shares
+7.40M
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Indirect | 12/9/2020 | M · Option Exercise | +7.40M | — | — | New position | 0.00 | 7.40M |
| Total | +7.40M | $0.00 | ||||||
Derivative Transactions2
Class B Common Stock
Indirect
Converts to
Class A Common Stock
Shares
−7.40M
Strike price
Held after
0.00
Exercisable
—
12/9/2020
Private Placement Warrants
Indirect
Converts to
Class A Common Stock
8.50M shares
Shares
−8.50M
Strike price
11.5
Held after
8.50M
Exercisable
—
12/9/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Class B Common Stock Indirect | Class A Common Stock | 12/9/2020 | M · Option Exercise | −7.40M | — | 0.00 | |
| Private Placement Warrants Indirect | Class A Common Stock8.50M shares | 12/9/2020 | A · Award | −8.50M | 11.5 | — | 8.50M |