Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
On July 27, 2021, the Board of Directors (the "Board") of Desktop Metal, Inc.
(f/k/a Trine Acquisition Corp.) (the "Company") appointed James Eisenstein to
fill a vacancy and serve as a member of the Board as a Class II Director.
Mr. Eisenstein was also appointed to serve on the Nominating and Corporate
Governance Committee of the Board. Mr. Eisenstein will receive compensation in
accordance with the Company's compensation arrangements for non-employee
directors. There was no arrangement or understanding pursuant to which
Mr. Eisenstein was elected as a director. Mr. Eisenstein has also entered into
the Company's standard indemnification agreement for directors and officers.
On July 28, 2021, the Company issued a press release announcing Mr. Eisenstein's
appointment to the Board (the "Press Release"). The Press Release is furnished
herewith as Exhibit 99.1 to this Current Report on Form 8-K and shall not be
deemed "filed" for purposes of Section 18 of the Securities Exchange Act of
1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities
of that section, nor shall it be deemed incorporated by reference in any filing
under the Securities Act of 1933, as amended (the "Securities Act"), or the
Exchange Act, except as expressly provided by specific reference in such a
filing.
Item 5.07 Submission of Matters to a Vote of Security Holders.
On July 27, 2021, the Company held its 2021 annual meeting of stockholders (the
"Annual Meeting"). Proxies for the meeting were solicited in accordance with the
Securities Exchange Act of 1934, as amended. At the Annual Meeting, the
stockholders of the Company voted on the following proposals:
I. To elect the following persons as Class I directors until the Company's 2024
annual meeting of stockholders. Each nominee for director was elected by a
vote of the stockholders as follows:
Broker
Nominee For Against Abstain Non-Votes
Dayna Grayson 139,511,048 107,965 101,411 20,616,475
Steve Papa 137,853,889 1,762,746 103,789 20,616,475
Bilal Zuberi 139,439,973 174,207 106,244 20,616,475
II. To ratify the appointment of Deloitte & Touche LLP as independent registered
public accounting firm for the year ending December 31, 2021. The proposal
was approved by a vote of stockholders as follows:
For Against Abstain
160,015,565 159,475 161,859
Based on the foregoing votes, Dayna Grayson, Steve Papa and Bilal Zuberi were
elected as directors and the appointment of Deloitte & Touche LLP was ratified.
Item 9.01. Financial Statement and Exhibits.
(d) Exhibits.
Exhibit
Number Description
99.1 Press release dated July 28, 2021.
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