Sanjeev Aggarwal - 09 Jan 2024 Form 4 Insider Report for EVERSPIN TECHNOLOGIES INC (MRAM)

Role
PRESIDENT AND CEO, Director
Signature
/s/ Anthony Griff, Attorney-in-Fact for Sanjeev Aggarwal
Issuer symbol
MRAM
Transactions as of
09 Jan 2024
Net transactions value
+$161,901
Form type
4
Filing time
11 Jan 2024, 16:20:18 UTC
Previous filing
08 Jan 2024
Next filing
28 Feb 2024
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 $63,184 +14,295 +7.6% $4.42 202,463 09 Jan 2024 Direct
transaction MRAM Common Stock Options Exercise $62,719 +28,125 +14% $2.23* 230,588 09 Jan 2024 Direct
transaction MRAM Common Stock Options Exercise $35,999 +14,062 +6.1% $2.56 244,650 09 Jan 2024 Direct

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 -14,295 -100% $0.000000* 0 09 Jan 2024 Common Stock 14,295 $4.42 Direct F1
transaction MRAM Employee Stock Option (Right to Buy) Options Exercise $0 -28,125 -94% $0.000000 1,875 09 Jan 2024 Common Stock 28,125 $2.23 Direct F2
transaction MRAM Employee Stock Option (Right to Buy) Options Exercise $0 -14,062 -94% $0.000000 938 09 Jan 2024 Common Stock 14,062 $2.56 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Fully vested.
F2 1/4th of the shares subject to the option vested on March 24, 2021 and 1/36th of the remaining shares vest in successive equal monthly installments thereafter.
F3 1/4th of the shares subject to the option vested on April 7, 2021 and 1/36th of the remaining shares vest in successive equal monthly installments thereafter.