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EVERSPIN TECHNOLOGIES INC. — Director's Dealing 2016
Dec 20, 2016
33680_dirs_2016-12-20_71030be2-4d32-4a54-a6ba-e248009e411a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: EVERSPIN TECHNOLOGIES INC (MRAM)
CIK: 0001438423
Period of Report: 2016-12-16
Reporting Person: Kang Bryan (VP, MRAM Tech & Prod. Dev.)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-12-16 | Employee Stock Option (Right to Buy) | $15.86 | D | 28846 | Disposed | 2026-09-15 | Common Stock (28846) | Direct |
| 2016-12-16 | Employee Stock Option (Right to Buy) | $6.63 | A | 28846 | Acquired | 2026-09-15 | Common Stock (28846) | Direct |
Footnotes
F1: The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on September 16, 2016 and provides for vesting of 1/4th of the shares subject to the option on September 1, 2017 and 1/36th of the remaining shares in successive equal monthly installments thereafter.
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