John P. Amboian - Jun 1, 2024 Form 4 Insider Report for Danimer Scientific, Inc. (DNMR)

Role: Director
Signature: /s/ Stephen A. Martin, attorney-in-fact
Stock symbol: DNMR
Transactions as of: Jun 1, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/4/2024, 05:00 PM
Previous filing: Jun 5, 2023
Next filing: Jul 22, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DNMR	Class A Common Stock	Options Exercise	$0	+26.6K		$0.00	26.6K	Jun 1, 2024	Direct
holding	DNMR	Class A Common Stock						364K	Jun 1, 2024	John P. Amboian 2008 Living Trust	F1
holding	DNMR	Class A Common Stock						546K	Jun 1, 2024	Kings Trail Trust Dtd 09/19/2018	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DNMR	Restricted Stock Units	Options Exercise	$0	-26.6K	-100%	$0.00^*	0	Jun 1, 2024	Common Stock	26.6K		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the pro rata in kind distribution of all of the shares of Common Stock of the Issuer held by Live Oak Sponsor Partners, LLC (the "Sponsor"), without consideration, to its members. The John P. Amboian 2008 Living Trust (the "Living Trust") is a member of the Sponsor, and the Reporting Person is the sole trustee of the Living Trust and therefore the Reporting Person may be deemed to beneficially own the securities held by the Living Trust. The Reporting Person disclaims any beneficial ownership of the reported securities owned by the Living Trust other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F2	Represents the pro rata in kind distribution of all of the shares of Common Stock of the Issuer held by the Sponsor, without consideration, to its members. Kings Trail Trust Dtd 09/19/2018 (the "Kings Trail Trust") is a member of the Sponsor, and the Reporting Person's spouse is the sole trustee of the Kings Trail Trust and therefore the Reporting Person may be deemed to beneficially own the securities held by the Kings Trail Trust. The Reporting Person disclaims any beneficial ownership of the reported securities owned by the Kings Trail Trust other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F3	Each restricted stock unit represents a contingent right to receive one share of Danimer Scientific Class A common stock.
F4	Comprised of an award of restricted stock units (RSU) granted as director compensation under the Danimer Scientific, Inc. 2020 Long-Term Incentive Plan (the "Plan") with each RSU representing the right to receive one share of Danimer Scientific Class A Common Stock. All of these RSU's will vest and become non-forfeitable on June 1, 2024 subject to recipient's continued service as a director of the Company.