Form 4: Farhad Fred Ebrahimi Reports Beneficial Ownership Changes in Desktop Metal, Inc.
SEC Form 4
Farhad Fred Ebrahimi, a director and 10% owner of Desktop Metal, Inc., reports changes in beneficial ownership of common stock and put options.
Summary
- On September 10, 2024, Farhad Fred Ebrahimi reported transactions involving Desktop Metal, Inc. common stock and put options.
- Ebrahimi acquired 29,520 shares of common stock at $15 and 44,340 shares at $20.
- These shares are indirectly held through Shiraz Capital LLC and Crescent River LLC, respectively.
- Ebrahimi also reported transactions involving put options with exercise prices of $15 and $20, with expiration dates in January 2025.
- The reported transactions changed the number of derivative securities beneficially owned indirectly through Shiraz Capital LLC and Crescent River LLC.
- Following the reported transactions, Ebrahimi's total beneficial ownership includes shares held through various entities such as Corcaigh LLC, Infinity Trusts Investment LLC, Havana 2020 GRAT, Elstead 2020 GRAT, and Farhad F Ebrahimi Roth IRA.
Sentiment
Score: 5
Explanation: This is a neutral report of transactions. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about changes in ownership.
Key Dates
| Date | Description |
|---|---|
| 01/18/2023 | Date exercisable for some PUT Options |
| 05/30/2023 | 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 |
| 02/16/2024 | Date exercisable for some PUT Options |
| 02/20/2024 | Date exercisable for some PUT Options |
| 06/06/2023 | Date exercisable for some PUT Options |
| 09/10/2024 | Date of transaction for common stock and derivative securities. |
| 09/12/2024 | Date of signature for the report. |
| 01/17/2025 | Expiration date for PUT Options |
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