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

Role
CFO
Signature
/s/ Anuj Aggarwal
Issuer symbol
MRAM
Transactions as of
14 Mar 2022
Net transactions value
$0
Form type
4
Filing time
16 Mar 2022, 17:29:02 UTC
Previous filing
09 Aug 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 +57,000 +328% $0.000000 74,403 14 Mar 2022 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 +98,000 $0.000000 98,000 14 Mar 2022 Common Stock 98,000 $8.17 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 March 14, 2022 that vest 25% per year over 4 years on each of January 1, 2023, 2024, 2025 and 2026.
F2 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.