Brian V. Turner - May 16, 2023 Form 4 Insider Report for MICROVISION, INC. (MVIS)

Role
Director
Signature
/s/ Drew G. Markham, attorney-in-fact
Stock symbol
MVIS
Transactions as of
May 16, 2023
Transactions value $
$0
Form type
4
Date filed
5/18/2023, 08:31 PM
Previous filing
Mar 2, 2023
Next filing
Sep 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVIS Common Stock Options Exercise $0 +7.49K +2.58% $0.00 297K May 16, 2023 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 MVIS Restricted Stock Units Options Exercise $0 -7.49K -100% $0.00* 0 May 16, 2023 common stock 7.49K $0.00 Direct F2, F3
transaction MVIS Restricted Stock Units Award $0 +45.8K $0.00 45.8K May 17, 2023 common stock 45.8K $0.00 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vested restricted stock units, or RSUs, were distributed to the Reporting Person, without payment, in shares of common stock on a unit-for-share basis.
F2 At vesting, converts into shares of common stock on a unit-for-share basis.
F3 Restricted stock units granted 06/01/2022 are scheduled to vest in four equal quarterly installments until fully vested on the earlier of the first anniversary of the grant date or the day prior to the company's 2023 Annual Meeting of Shareholders, provided that the reporting person continues to serve as a director through each vesting date.
F4 Restricted stock units granted 05/17/2023 are scheduled to vest in four equal quarterly installments until fully vested on the earlier of the first anniversary of the grant date or the day prior to the company's 2024 Annual Meeting of Shareholders, provided that the reporting person continues to serve as a director through each vesting date.