Form 4: Danimer Scientific Director Tilley Acquires Shares Through RSU Vesting

Allison Leopold Tilley, a director at Danimer Scientific, acquired 16,611 shares of Class A Common Stock on June 1, 2024, through the vesting of restricted stock units.

Summary

• On June 1, 2024, Allison Leopold Tilley, a director of Danimer Scientific, acquired 16,611 shares of Class A Common Stock.
• The acquisition resulted from the vesting of restricted stock units (RSUs) granted as director compensation under the company's 2020 Long-Term Incentive Plan.
• Each RSU represents the right to receive one share of Danimer Scientific Class A Common Stock.
• All of these RSUs vested and became non-forfeitable on June 1, 2024, subject to Tilley's continued service as a director of the Company.
• Following the transaction, Tilley directly owns 16,611 shares of Danimer Scientific Class A Common Stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a routine transaction related to director compensation.

Positives

• The vesting of RSUs indicates continued alignment of director interests with shareholder value.
• The acquisition increases Tilley's direct ownership in Danimer Scientific.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director ownership.

Key Dates

Keywords

Danimer Scientific, Director, Allison Leopold Tilley, RSU, Restricted Stock Units, Class A Common Stock, Beneficial Ownership, Form 4, Vesting, Long-Term Incentive Plan