Sanjeev Aggarwal - Nov 24, 2021 Form 4 Insider Report for EVERSPIN TECHNOLOGIES INC (MRAM)

Role: CTO & VP, Technology R&D
Signature: /s/ Anthony Griff, Attorney-in-fact for Sanjeev Aggarwal
Stock symbol: MRAM
Transactions as of: Nov 24, 2021
Transactions value $: -$11,558
Form type: 4
Date filed: 11/29/2021, 03:34 PM
Previous filing: Nov 24, 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	Options Exercise	$12.1K	+1.9K	+5.16%	$6.35	38.8K	Nov 24, 2021	Direct
transaction	MRAM	Common Stock	Sale	-$23.6K	-1.9K	-4.9%	$12.43	36.9K	Nov 24, 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)	Options Exercise	$0	-1.9K	-23.32%	$0.00	6.25K	Nov 24, 2021	Common Stock	1.9K	$6.35	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.42 to $12.44, inclusive. The reporting person undertakes to provide to Everspin Technologies, Inc.'s (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 range set forth in this footnote (2).
F2	1/4th of the shares subject to the option vested on March 13, 2019 and 1/36th of the remaining shares are scheduled to vest in successive equal monthly installments thereafter.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.42 to $12.44, inclusive. The reporting person undertakes to provide to Everspin Technologies, Inc.'s (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 range set forth in this footnote (2).

1/4th of the shares subject to the option vested on March 13, 2019 and 1/36th of the remaining shares are scheduled to vest in successive equal monthly installments thereafter.