Mark B. Spitzer - Jun 5, 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: Jun 5, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/7/2024, 08:45 PM
Previous filing: May 17, 2024
Next filing: Sep 3, 2024

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	Award	$0	+82.4K		$0.00	82.4K	Jun 5, 2024	Common stock	82.4K	$0.00	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	At vesting, restricted stock units, or RSUs, convert into shares of common stock on a unit-for-share basis, without payment.
F2	RSUs granted 06/05/2024 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 2025 Annual Meeting of Shareholders, 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.

Content

At vesting, restricted stock units, or RSUs, convert into shares of common stock on a unit-for-share basis, without payment.

RSUs granted 06/05/2024 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 2025 Annual Meeting of Shareholders, 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.