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EVERSPIN TECHNOLOGIES INC. — Director's Dealing 2021
Aug 9, 2021
33680_dirs_2021-08-09_b6305f69-e0ad-4707-aac4-ca9f5c492444.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: 2021-08-06
Reporting Person: Aggarwal Anuj (Interim CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-06 | Common Stock | A | 573 | — | Acquired | 4903 | Direct |
| 2021-08-06 | Common Stock | A | 12500 | — | Acquired | 17403 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-06 | Employee Stock Option (right to buy) | $5.62 | A | 2294 | Acquired | 2031-08-05 | Common Stock (2294) | Direct |
| 2021-08-06 | Employee Stock Option (right to buy) | $5.62 | A | 50000 | Acquired | 2031-08-05 | Common Stock (50000) | Direct |
Footnotes
F1: Represents restricted stock units ("RSUs") granted on August 6, 2021 that vest 25% per year over 4 years on each of March 10, 2022, 2023, 2024 and 2025.
F2: Represents RSUs granted on August 6, 2021 that vest 25% per year over 4 years on each anniversary of the grant date beginning on August 6, 2022.
F3: The option will vest as to 25% of the shares on March 10, 2022, and the remainder vest in 36 equal monthly increments thereafter. The option becomes fully exercisable on March 10, 2025.
F4: The option will vest as to 25% of the shares on August 6, 2022, and the remainder vest in 36 equal monthly increments thereafter. The option becomes fully exercisable on August 6, 2025.