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: JOSHI VYOMESH (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-18	Common Stock	F	9441	$12.13	Disposed	187481	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-18	Stock Appreciation Right	$15.12	A	250000	Acquired	2026-04-01	Common Stock (250000)	Direct
2020-02-18	Stock Appreciation Right	$15.12	A	250000	Acquired	2026-04-01	Common Stock (250000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	154602	Indirect

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were withheld to satisfy tax withholding obligations with respect to the vesting of a grant of restricted stock originally made on February 15, 2019.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: Excludes 90,528 shares previously owned directly that were contributed to the 2001 Joshi Living Trust u/a/d 12/7/2001, Vyomesh I. Joshi and Uma V. Joshi, Trustees on December 10, 2019.

F3: The Stock Appreciation Right ("SAR") is granted to operate in tandem with the performance-based stock options granted on April 1, 2016, permitting settlement in cash or common stock upon exercise. The exercise of one results in the expiration of the other.

F4: The Reporting Person has been awarded 250,000 SARs under the Issuer's 2015 Incentive Plan. These SARs have an exercise price equal to the closing price of the common stock on April 1, 2016 and are exercisable, if at all, on the later of 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 250,000 SARs under the Issuer's 2015 Incentive Plan. These SARs have an exercise price equal to the closing price of the common stock on April 1, 2016 and are exercisable, if at all, on the later of 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.