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3D Systems (NYSE: DDD) SVP awarded 65,000 shares in stock and PSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

WRIGHT ANDREW WILLIAM BANASICK reported acquisition or exercise transactions in this Form 4 filing.

3D Systems Corp reported that SVP, General Counsel and Secretary Andrew William Banasick received equity awards on April 1, 2025. He was granted 32,500 shares of common stock at no cost under the company’s 2015 Incentive Plan. One-third of these restricted shares vest on April 1 of 2026, 2027, and 2028, subject to continued employment.

He also received 32,500 performance-based restricted stock units, each representing the right to receive one share of common stock if the company’s stock reaches a specified price per share before the April 1, 2028 expiration date. Following the grant, he directly owns 90,000 shares of common stock. The report notes that the filing was inadvertently submitted late due to an administrative error.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
WRIGHT ANDREW WILLIAM BANASICK

(Last) (First) (Middle)
333 THREE D SYSTEMS CIRCLE

(Street)
ROCK HILL SC 29730

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
3D SYSTEMS CORP [ DDD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, GC & Secretary
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
04/11/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/01/2025(1) A 32,500(2) A $0 90,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Based Restricted Stock Units (3) 04/01/2025 A 32,500 (3) 04/01/2028 Common Stock 32,500 $0 32,500 D
Explanation of Responses:
1. Inadvertently filed late due to administrative error.
2. The Reporting Person has been awarded 32,500 shares of restricted stock under the Issuer's 2015 Incentive Plan. One-third of the total shares awarded vest on April 1, 2026, an additional one-third of the total shares awarded vest on April 1, 2027, and the remaining shares awarded vest on April 1, 2028, subject to continued employment.
3. Each performance share unit represents a contingent right to receive one share of the Issuer's common stock. The performance share units vest upon the Issuer's common stock achieving a specified price per share.
Remarks:
Andrew William Banasick Wright 03/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What equity awards did 3D Systems (DDD) grant to Andrew William Banasick?

Andrew William Banasick received 32,500 restricted shares of common stock and 32,500 performance-based restricted stock units. Both awards were granted at no cost under 3D Systems’ 2015 Incentive Plan on April 1, 2025, enhancing his long-term equity-based compensation.

How do the restricted stock awards for 3D Systems (DDD) SVP vest?

The 32,500 restricted shares vest in three equal installments. One-third vests on April 1, 2026, another third on April 1, 2027, and the remainder on April 1, 2028. Vesting is conditioned on Andrew William Banasick’s continued employment with 3D Systems.

What are the performance conditions on 3D Systems (DDD) performance share units?

Each of the 32,500 performance share units represents a contingent right to one share of common stock. These units vest only if 3D Systems’ common stock attains a specified price per share before the April 1, 2028 expiration date, tying the award to market performance.

How many 3D Systems (DDD) common shares does Andrew William Banasick hold after the grant?

After the April 1, 2025 grant, Andrew William Banasick directly holds 90,000 shares of 3D Systems common stock. This total reflects the addition of 32,500 newly granted restricted shares to his prior holdings, as reported in the Form 4/A filing.

Was the 3D Systems (DDD) Form 4/A for Andrew William Banasick filed on time?

No. A footnote explains that the Form 4/A for Andrew William Banasick was inadvertently filed late due to an administrative error. The filing still details the full terms and amounts of his April 1, 2025 equity awards.

Do Andrew William Banasick’s 3D Systems (DDD) awards involve any cash transactions?

The reported awards involve no cash purchases by Andrew William Banasick. Both the 32,500 restricted shares and 32,500 performance-based units were granted at a price of $0.00 per share as part of his compensation under the company’s 2015 Incentive Plan.
3D Systems Corp

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United States
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