EVERSPIN TECHNOLOGIES INC. — Director's Dealing 2016

Oct 17, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EVERSPIN TECHNOLOGIES INC (MRAM)
CIK: 0001438423
Period of Report: 2016-10-13

Reporting Person: TATE GEOFFREY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-10-13	Common Stock	C	22383	—	Acquired	54743	Indirect
2016-10-13	Common Stock	C	12071	—	Acquired	66814	Indirect
2016-10-13	Common Stock	C	13406	$6.40	Acquired	80220	Indirect
2016-10-13	Common Stock	C	9154	$6.40	Acquired	89374	Indirect
2016-10-13	Common Stock	P	13986	$8.00	Acquired	103360	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-10-13	Series A Preferred Stock	$	C	22383	Disposed		Common Stock (22383)	Direct
2016-10-13	Series B Preferred Stock	$	C	12071	Disposed		Common Stock (12071)	Direct
2016-10-13	5% Convertible Subordinated Promissory Note	$6.40	C		Disposed		Common Stock (13406)	Direct
2016-10-13	5% Convertible Subordinated Promissory Note	$6.40	C		Disposed		Common Stock (9154)	Direct

Footnotes

F1: The reported securities converted into shares of the Issuer's common stock on a one-for-one basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date.

F2: The shares are held by the Tate Family Trust Dated 09/30/98, of which Mr. Tate is a trustee.

F3: The note was issued in the original principal amount of $82,884. The outstanding principal and accrued interest on such note automatically converted into shares of common stock of the Issuer immediately prior to the closing of the Issuer's initial public offering at a conversion rate equal to 80% of the initial public offering price. The note bore interest at a rate of 5% per annum. The note had accrued interest of $2,917.97 through October 12, 2016.

F4: The note was issued in the original principal amount of $58,018.72. The outstanding principal and accrued interest on such note automatically converted into shares of common stock of the Issuer immediately prior to the closing of the Issuer's initial public offering at a conversion rate equal to 80% of the initial public offering price. The note bore interest at a rate of 5% per annum. The note had accrued interest of $572.24 through October 12, 2016.