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

Role
CTO & VP, Technology R&D
Signature
/s/ Anuj Aggarwal, Attorney-in-fact for Sanjeev Aggarwal
Issuer symbol
MRAM
Transactions as of
06 Aug 2021
Net transactions value
$0
Form type
4
Filing time
09 Aug 2021, 17:23:25 UTC
Previous filing
23 Jun 2021
Next filing
25 Aug 2021
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 +12,500 +37% $0.000000 46,127 06 Aug 2021 Direct F1

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 +50,000 $0.000000 50,000 06 Aug 2021 Common Stock 50,000 $5.62 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units 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
F2 The option will vest as to 25% of the shares on August 6, 2022, and the remainder vest in 36 monthly increments thereafter. The option becomes fully exercisable on August 6, 2025.