Anuj Aggarwal - 06 Aug 2021 Form 4 Insider Report for EVERSPIN TECHNOLOGIES INC (MRAM)

Role
Interim CFO
Signature
/s/ Anuj Aggarwal
Issuer symbol
MRAM
Transactions as of
06 Aug 2021
Net transactions value
$0
Form type
4
Filing time
09 Aug 2021, 17:21:25 UTC
Previous filing
10 May 2021
Next filing
16 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRAM Common Stock Award $0 +573 +13% $0.000000 4,903 06 Aug 2021 Direct F1
transaction MRAM Common Stock Award $0 +12,500 +255% $0.000000 17,403 06 Aug 2021 Direct 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 MRAM Employee Stock Option (right to buy) Award $0 +2,294 $0.000000 2,294 06 Aug 2021 Common Stock 2,294 $5.62 Direct F3
transaction MRAM Employee Stock Option (right to buy) Award $0 +50,000 $0.000000 50,000 06 Aug 2021 Common Stock 50,000 $5.62 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted on August 6, 2021 that vest 25% per year over 4 years on each of March 10, 2022, 2023, 2024 and 2025.
F2 Represents RSUs granted on August 6, 2021 that vest 25% per year over 4 years on each anniversary of the grant date beginning on August 6, 2022.
F3 The option will vest as to 25% of the shares on March 10, 2022, and the remainder vest in 36 equal monthly increments thereafter. The option becomes fully exercisable on March 10, 2025.
F4 The option will vest as to 25% of the shares on August 6, 2022, and the remainder vest in 36 equal monthly increments thereafter. The option becomes fully exercisable on August 6, 2025.