Sumit Sharma - 13 Mar 2023 Form 4 Insider Report for MICROVISION, INC. (MVIS)

Role
CEO, Director
Signature
/s/ Drew G. Markham, attorney-in-fact
Issuer symbol
MVIS
Transactions as of
13 Mar 2023
Net transactions value
+$214,000
Form type
4
Filing time
15 Mar 2023, 09:22:02 UTC
Previous filing
14 Jun 2022
Next filing
11 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVIS Common Stock Award $214,000 +100,000 +13% $2.14 841,704 13 Mar 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to a Subscription Agreement executed between the parties, Mr. Sharma acquired 100,000 shares of MicroVision common stock directly from the issuer at a purchase price of $2.14 per share, the closing price of MicroVision common stock on March 13, 2023.
F2 The purchase is intended to be an exempt transaction pursuant to Rule 16b-3 as the transaction was approved in advance by a committee of two or more non-employee directors and the shares acquired are subject to a six-month holding period.