WRIGHT ANDREW WILLIAM BANASICK 4/A

What Happened Andrew William Banasick, Senior Vice President, General Counsel & Secretary of 3D Systems (DDD), was granted equity awards on April 1, 2025: 32,500 restricted shares and 32,500 performance share units (reported as a derivative award). Both awards were reported at $0.00 per share (awards, not purchases), so the reported cash consideration is $0. The restricted shares vest in three equal installments (one‑third each) on 4/1/2026, 4/1/2027 and 4/1/2028, subject to continued employment. The performance share units vest only if the company’s stock reaches specified price targets.

Key Details

• Transaction date: 2025-04-01; reported as awards (code A) at $0.00 per share.
• Awards: 32,500 restricted stock shares; 32,500 performance share units (derivative).
• Vesting: Restricted stock vests 1/3 on 4/1/2026, 1/3 on 4/1/2027, and remainder on 4/1/2028 (continuous employment). PSUs vest upon achievement of specified stock price targets.
• Shares owned after transaction: Not disclosed in this filing.
• Filing status: This is an AMENDED filing; the original report was inadvertently filed late due to administrative error (timeliness = L).

Context These are compensation awards, not open‑market purchases or sales. Restricted shares and performance units are common executive compensation tools; restricted shares vest over time with continued employment, while performance units only convert to stock if performance conditions (stock price targets) are met. Because the filing was amended and originally late for administrative reasons, the late filing note should be considered when reviewing timeliness but does not change the substance of the awards.