Mark B. Spitzer - May 17, 2024 Form 4 Insider Report for MICROVISION, INC. (MVIS)

Role
Director
Signature
/s/ Elizabeth A. Mandle, attorney-in-fact for Mark B. Spitzer
Stock symbol
MVIS
Transactions as of
May 17, 2024
Transactions value $
$0
Form type
4
Date filed
5/17/2024, 06:00 PM
Previous filing
Mar 1, 2024
Next filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVIS Common Stock Options Exercise $0 +11.4K +15.03% $0.00 87.5K May 17, 2024 Direct F1, F2, F3

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 -11.4K -100% $0.00* 0 May 17, 2024 Common stock 11.4K $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 Represents shares of common stock that would have been delivered to the reporting person upon vesting of the restricted stock units, or RSUs. However, the reporting person previously elected to defer delivery of the shares as reported herein.
F2 At vesting, RSUs convert into shares of common stock on a unit-for-share basis, without payment.
F3 Includes 45,756 vested RSUs that have not been delivered to the reporting person pursuant to the reporting person's election to defer delivery as reported herein.
F4 RSUs granted May 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 Issuer's 2024 Annual Meeting of Stockholders, provided that the reporting person continues to serve as a director through each vesting date. The reporting person previously elected to defer receipt of the shares of common stock underlying RSUs upon vesting. In accordance with the reporting person's deferral election the vested shares will be delivered to the reporting person when the reporting person ceases to provide services to the Issuer or upon a change of control of the Issuer.