Anuj Aggarwal - Aug 6, 2021 Form 4 Insider Report for EVERSPIN TECHNOLOGIES INC (MRAM)

Role
Interim CFO
Signature
/s/ Anuj Aggarwal
Stock symbol
MRAM
Transactions as of
Aug 6, 2021
Transactions value $
$0
Form type
4
Date filed
8/9/2021, 05:21 PM
Previous filing
May 10, 2021
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRAM Common Stock Award $0 +573 +13.23% $0.00 4.9K Aug 6, 2021 Direct F1
transaction MRAM Common Stock Award $0 +12.5K +254.95% $0.00 17.4K Aug 6, 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 +2.29K $0.00 2.29K Aug 6, 2021 Common Stock 2.29K $5.62 Direct F3
transaction MRAM Employee Stock Option (right to buy) Award $0 +50K $0.00 50K Aug 6, 2021 Common Stock 50K $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.