Troy Winslow - Jun 2, 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
Stock symbol
MRAM
Transactions as of
Jun 2, 2022
Transactions value $
-$38,722
Form type
4
Date filed
6/6/2022, 04:14 PM
Previous filing
Mar 16, 2022
Next filing
Jul 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRAM Common Stock Options Exercise $20K +7.81K +33.8% $2.56 30.9K Jun 2, 2022 Direct
transaction MRAM Common Stock Options Exercise $4.88K +2.19K +7.08% $2.23* 33.1K Jun 2, 2022 Direct
transaction MRAM Common Stock Sale -$63.6K -10K -30.2% $6.36 23.1K Jun 2, 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 -7.81K -52.08% $0.00 7.19K Jun 2, 2022 Common Stock 7.81K $2.56 Direct F2
transaction MRAM Employee Stock Option (Right to Buy) Options Exercise $0 -2.19K -8.75% $0.00 22.8K Jun 2, 2022 Common Stock 2.19K $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.