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EVERSPIN TECHNOLOGIES INC. — Director's Dealing 2021
Nov 24, 2021
33680_dirs_2021-11-24_07e4464d-497b-42d9-8e12-60813221f7be.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: 2021-11-23
Reporting Person: Aggarwal Sanjeev (CTO & VP, Technology R&D)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-23 | Common Stock | S | 218 | $11.32 | Disposed | 36863 | Direct |
| 2021-11-23 | Common Stock | M | 9166 | $9.12 | Acquired | 46029 | Direct |
| 2021-11-23 | Common Stock | M | 11849 | $6.35 | Acquired | 57878 | Direct |
| 2021-11-23 | Common Stock | M | 24768 | $6.63 | Acquired | 82646 | Direct |
| 2021-11-23 | Common Stock | S | 45783 | $12.50 | Disposed | 36863 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-23 | Employee Stock Option (Right to Buy) | $9.12 | M | 9166 | Disposed | 2028-03-12 | Common Stock (9166) | Direct |
| 2021-11-23 | Employee Stock Option (Right to Buy) | $6.35 | M | 11849 | Disposed | 2029-02-10 | Common Stock (11849) | Direct |
| 2021-11-23 | Employee Stock Option (Right to Buy) | $6.63 | M | 24768 | Disposed | 2026-07-11 | Common Stock (24768) | Direct |
Footnotes
F1: Shares sold solely to pay taxes due upon the vesting of restricted stock units.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.50 to $12.54, inclusive. The reporting person undertakes to provide to Everspin Technologies, Inc.'s (the "Issuer"), any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2).
F3: 1/4th of the shares subject to the option vested on March 13, 2019 and 1/36th of the remaining shares are scheduled to vest in successive equal monthly installments thereafter.
F4: 1/4th of the shares subject to the option vested on February 11, 2020 and 1/36th of the remaining shares are scheduled to vest in successive equal monthly installments thereafter.
F5: 1/4th of the shares subject to the option vested on April 26, 2017 and 1/36th of the remaining shares vested in successive equal monthly installments thereafter.