Sanjeev Aggarwal - Jan 9, 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
Stock symbol
MRAM
Transactions as of
Jan 9, 2024
Transactions value $
$161,901
Form type
4
Date filed
1/11/2024, 04:20 PM
Previous filing
Jan 8, 2024
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRAM Common Stock Options Exercise $63.2K +14.3K +7.6% $4.42 202K Jan 9, 2024 Direct
transaction MRAM Common Stock Options Exercise $62.7K +28.1K +13.89% $2.23* 231K Jan 9, 2024 Direct
transaction MRAM Common Stock Options Exercise $36K +14.1K +6.1% $2.56 245K Jan 9, 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 -14.3K -100% $0.00* 0 Jan 9, 2024 Common Stock 14.3K $4.42 Direct F1
transaction MRAM Employee Stock Option (Right to Buy) Options Exercise $0 -28.1K -93.75% $0.00 1.88K Jan 9, 2024 Common Stock 28.1K $2.23 Direct F2
transaction MRAM Employee Stock Option (Right to Buy) Options Exercise $0 -14.1K -93.75% $0.00 938 Jan 9, 2024 Common Stock 14.1K $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.