Simon Biddiscombe - Sep 3, 2024 Form 4 Insider Report for MICROVISION, INC. (MVIS)

Role
Director
Signature
/s/ Elizabeth A. Mandle, attorney-in-fact for Simon Biddiscombe
Stock symbol
MVIS
Transactions as of
Sep 3, 2024
Transactions value $
$0
Form type
4
Date filed
9/3/2024, 06:47 PM
Previous 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 +20.1K +13.89% $0.00 165K Sep 3, 2024 Direct F1

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 -20.1K -100% $0.00 0 Sep 3, 2024 Common stock 20.1K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vested restricted stock units, or RSUs, were distributed to the Reporting Person, without payment, in shares of common stock on a unit-for-share basis.
F2 At vesting, RSUs convert into shares of common stock on a unit-for-share basis, without payment.
F3 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 Stockholders, provided that the reporting person continues to serve as a director through each vesting date. The Form 4 filed on 06/07/2024 incorrectly reported the total RSUs granted on 06/05/2024 as 82,406 RSUs instead of the correct amount of 80,450 RSUs. The vesting reported herein was calculated based on the correct amount of 80,450 RSUs.