Geoffrey G. Ribar - 06 Mar 2024 Form 4 Insider Report for EVERSPIN TECHNOLOGIES INC (MRAM)

Role
Director
Signature
/s/ Anthony Griff, Attorney-in-Fact for Geoffrey Ribar
Issuer symbol
MRAM
Transactions as of
06 Mar 2024
Net transactions value
-$51,000
Form type
4
Filing time
06 Mar 2024, 16:13:58 UTC
Previous filing
30 Aug 2023
Next filing
12 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRAM Common Stock Sale $51,000 -6,000 -6.4% $8.50 88,109 06 Mar 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan dated August 23, 2023.