3D SYSTEMS CORP — Director's Dealing 2020

Feb 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: 3D SYSTEMS CORP (DDD)
CIK: 0000910638
Period of Report: 2020-02-18

Reporting Person: SCHULTZ PHILIP C. (EVP, Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-18	Common Stock	F	3306	$12.13	Disposed	123989	Direct
2020-02-18	Common Stock	A	33636	$0.00	Acquired	157625	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-18	Stock Appreciation Right	$15.75	A	50000	Acquired	2026-09-06	Common Stock (50000)	Direct
2020-02-18	Stock Appreciation Right	$15.75	A	50000	Acquired	2026-09-06	Common Stock (50000)	Direct

Footnotes

F1: Shares reported were withheld to satisfy tax withholding obligations with respect to the vesting of a grant of restricted stock originally made on February 15, 2019.

F2: The Reporting Person has been awarded 33,636 shares of restricted stock under the Issuer's 2015 Incentive Plan. One-third of the total shares awarded vest on February 15, 2021, an additional one-third of the total shares awarded vest on February 15, 2022, and the remaining shares awarded vest on February 15, 2023.

F3: The Stock Appreciation Right ("SAR") is granted to operate in tandem with the performance-based stock options granted on September 6, 2016. The exercise of one results in the expiration of the other.

F4: The Reporting Person has been awarded 50,000 SARs under the Issuer's 2015 Incentive Plan. These SARs have an exercise price equal to the closing price of the common stock on September 6, 2016 and are exercisable, if at all, on the later of the grant date and the date that the closing price of a share of the common stock on each of the trading days during the immediately prior ninety consecutive calendar days is at least $30.

F5: The Reporting Person has been awarded 50,000 SARs under the Issuer's 2015 Incentive Plan. These SARs have an exercise price equal to the closing price of the common stock on September 6, 2016 and are exercisable, if at all, on the later of the grant date and the date that the closing price of a share of the common stock on each of the trading days during the immediately prior ninety consecutive calendar days is at least $40.