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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 8/26/22 Desktop Metal, Inc. 8-K:5 8/22/22 10:143K Toppan Merrill Bridge/FA |
Document/Exhibit Description Pages Size 1: 8-K Current Report HTML 34K 5: R1 Document and Entity Information HTML 45K 8: XML IDEA XML File -- Filing Summary XML 11K 6: XML XBRL Instance -- dm-20220822x8k_htm XML 15K 7: EXCEL IDEA Workbook of Financial Reports XLSX 8K 3: EX-101.LAB XBRL Labels -- dm-20220822_lab XML 44K 4: EX-101.PRE XBRL Presentations -- dm-20220822_pre XML 30K 2: EX-101.SCH XBRL Schema -- dm-20220822 XSD 13K 9: JSON XBRL Instance as JSON Data -- MetaLinks 11± 16K 10: ZIP XBRL Zipped Folder -- 0001558370-22-014011-xbrl Zip 13K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM i 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): i August 22, 2022
i Desktop Metal, Inc.
(Exact name of registrant as specified in its charter)
| | | | |
i Delaware |
|
| i 83-2044042 | |
(State
or other jurisdiction |
| (Commission |
| (IRS Employer |
| | |
i 63
Third Avenue |
| i 01803 |
(Address of principal executive offices) |
| (Zip Code) |
( i 978) i 224-1244
Registrant’s telephone number, including area code
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ | |
i ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
i ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
i ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
i ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
| Trading Symbol(s) |
| Name of each exchange on which registered |
i Class A common stock, par value $0.0001 per share |
| i DM |
| i New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company i ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously disclosed, Michael Jafar, who was a named executive officer in the proxy statement of Desktop Metal, Inc. (the “Company”) for its annual meeting in 2022, ceased to serve as the President and Chief Executive Officer of Desktop Health, effective as of June 30, 2022 (the “Separation Date”). On August 22, 2022, the Company entered into a separation agreement (the “Separation Agreement”) with Mr. Jafar setting forth the terms of his separation. Pursuant to the Separation Agreement, in exchange for a general release of claims in favor of the Company and its affiliates, (i) Mr. Jafar will receive cash payments equal to $243,923 and (ii) the Company will pay the applicable COBRA premiums for a period of twelve (12) months following the last day of the month in which the Separation Date falls. In connection with the Separation Agreement, the Company agreed to waive Mr. Jafar’s non-competition obligations to the Company.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Desktop Metal, Inc. | |
|
| |
Date: August 26, 2022 | By: | /s/ Meg Broderick |
| Name: | |
| Title: | General Counsel and Corporate Secretary |
| This ‘8-K’ Filing | Date | Other Filings | ||
|---|---|---|---|---|
 | ||||
| Filed on: | 8/26/22 | |||
| For Period end: | 8/22/22 | 4 | ||
| 6/30/22 | 10-Q | |||
| List all Filings | ||||