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EVERSPIN TECHNOLOGIES INC. Director's Dealing 2022

Mar 16, 2022

33680_dirs_2022-03-16_6b5f9fe5-654b-4681-8eba-e9a92e75aec8.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: 2022-03-14

Reporting Person: Aggarwal Sanjeev (President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-03-14 Common Stock A 62000 Acquired 98863 Direct
2022-03-14 Common Stock S 216 $8.49 Disposed 98647 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-03-14 Employee Stock Option (Right to Buy) $8.17 A 112000 Acquired 2032-03-13 Common Stock (112000) Direct

Footnotes

F1: Represents restricted stock units ("RSUs") granted on March 14, 2022 that vest 25% per year over 4 years on each of January 1, 2023, 2024, 2025 and 2026.

F2: Shares sold solely to pay taxes due upon the vesting of previously granted RSUs.

F3: The option will vest as to 25% of the shares on January 1, 2023, and the remainder vest in 36 equal monthly increments thereafter. The option becomes fully exercisable on January 1, 2026.