Troy Winslow - 17 Nov 2021 Form 4 Insider Report for EVERSPIN TECHNOLOGIES INC (MRAM)

Role
VP, Sales and Marketing
Signature
/s/ Anuj Aggarwal, Attorney-in-Fact for Troy Winslow
Issuer symbol
MRAM
Transactions as of
17 Nov 2021
Net transactions value
-$324,087
Form type
4
Filing time
18 Nov 2021, 18:32:42 UTC
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 Options Exercise $257,359 +32,291 +92% $7.97 67,404 17 Nov 2021 Direct F1
transaction MRAM Common Stock Sale $494,059 -37,917 -56% $13.03 29,487 17 Nov 2021 Direct F2
transaction MRAM Common Stock Sale $87,388 -6,374 -22% $13.71 23,113 17 Nov 2021 Direct F3

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) Options Exercise $0 -32,291 -65% $0.000000 17,709 17 Nov 2021 Common Stock 32,291 $7.97 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,000 shares purchased on April 12, 2021 and 1,710 shares purchased on October 12, 2021, in each case, pursuant to Everspin Technologies, Inc.'s (the "Issuer") employee stock purchase plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.55 to $13.51, inclusive. The reporting person undertakes to provide to the Issuer, any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.56 to $13.92, inclusive.
F4 1/4th of the shares subject to the option vested on March 18, 2020 and 1/36th of the remaining shares are scheduled to vest in successive equal monthly installments thereafter.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney