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

Role
CFO
Signature
/s/ Anuj Aggarwal
Stock symbol
MRAM
Transactions as of
Mar 14, 2022
Transactions value $
$0
Form type
4
Date filed
3/16/2022, 05:29 PM
Previous filing
Aug 9, 2021
Next filing
May 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRAM Common Stock Award $0 +57K +327.53% $0.00 74.4K Mar 14, 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 +98K $0.00 98K Mar 14, 2022 Common Stock 98K $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.