Sanjeev Aggarwal - 14 Mar 2022 Form 4 Insider Report for EVERSPIN TECHNOLOGIES INC (MRAM)

Role
President & CEO
Signature
/s/ Anthony Griff, Attorney-in-fact for Sanjeev Aggarwal
Issuer symbol
MRAM
Transactions as of
14 Mar 2022
Transactions value $
-$1,834
Form type
4
Filing time
16 Mar 2022, 17:27:50 UTC
Previous filing
29 Nov 2021
Next filing
12 May 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 +62K +168.19% $0.00 98.9K 14 Mar 2022 Direct F1
transaction MRAM Common Stock Sale -$1.83K -216 -0.22% $8.49 98.6K 14 Mar 2022 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 +112K $0.00 112K 14 Mar 2022 Common Stock 112K $8.17 Direct F3
* 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 March 14, 2022 that vest 25% per year over 4 years on each of January 1, 2023, 2024, 2025 and 2026.
F2 Shares sold solely to pay taxes due upon the vesting of previously granted RSUs.
F3 The option will vest as to 25% of the shares on January 1, 2023, and the remainder vest in 36 equal monthly increments thereafter. The option becomes fully exercisable on January 1, 2026.