Geoffrey G. Ribar - Mar 6, 2024 Form 4 Insider Report for EVERSPIN TECHNOLOGIES INC (MRAM)

Role
Director
Signature
/s/ Anthony Griff, Attorney-in-Fact for Geoffrey Ribar
Stock symbol
MRAM
Transactions as of
Mar 6, 2024
Transactions value $
-$51,000
Form type
4
Date filed
3/6/2024, 04:13 PM
Previous filing
Aug 30, 2023
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRAM Common Stock Sale -$51K -6K -6.38% $8.50 88.1K Mar 6, 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.