Sumit Sharma - 06 May 2021 Form 4 Insider Report for MICROVISION, INC. (MVIS)

Signature
/s/Sumit Sharma
Issuer symbol
MVIS
Transactions as of
06 May 2021
Net transactions value
+$2,546,801
Form type
4
Filing time
10 May 2021, 18:19:40 UTC
Next filing
26 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVIS Common Stock Award $4,200,000 +300,000 +77% $14.00 691,300 06 May 2021 Direct F1
transaction MVIS Common Stock Tax liability $1,653,199 -115,866 -17% $14.27 575,434 07 May 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares granted in connection with previously announced employment agreement for this reporting person. The grant includes automatic sell-to-cover arrangements pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as prescribed by the Issuer, requiring shares to be sold by the Reporting Person at vesting to cover taxes and does not represent a discretionary trade by the Reporting Person.
F2 Sale price reflects weighted average of shares sold to cover taxes.