Troy Winslow - 02 Jun 2022 Form 4 Insider Report for EVERSPIN TECHNOLOGIES INC (MRAM)

Role
VP, Sales and Marketing
Signature
/s/ Anthony Griff, Attorney-in-Fact for Troy Winslow
Issuer symbol
MRAM
Transactions as of
02 Jun 2022
Net transactions value
-$38,722
Form type
4
Filing time
06 Jun 2022, 16:14:08 UTC
Previous filing
16 Mar 2022
Next filing
05 Jul 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 $19,999 +7,812 +34% $2.56 30,925 02 Jun 2022 Direct
transaction MRAM Common Stock Options Exercise $4,879 +2,188 +7.1% $2.23* 33,113 02 Jun 2022 Direct
transaction MRAM Common Stock Sale $63,600 -10,000 -30% $6.36 23,113 02 Jun 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) Options Exercise $0 -7,812 -52% $0.000000 7,188 02 Jun 2022 Common Stock 7,812 $2.56 Direct F2
transaction MRAM Employee Stock Option (Right to Buy) Options Exercise $0 -2,188 -8.8% $0.000000 22,812 02 Jun 2022 Common Stock 2,188 $2.23 Direct F3
* 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 $6.27 to $6.45, inclusive. The reporting person undertakes to provide to Everspin Technologies, Inc. (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 (1).
F2 1/4th of the shares subject to the option shall vest on April 7, 2021 and 1/36th of the remaining shares shall vest in successive equal monthly installments thereafter.
F3 1/4th of the shares subject to the option shall vest on March 24, 2021 and 1/36th of the remaining shares shall vest in successive equal monthly installments thereafter.