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EVERSPIN TECHNOLOGIES INC. Director's Dealing 2023

Aug 14, 2023

33680_dirs_2023-08-14_34ae7a89-955b-4086-aaa7-8c7b4c1e2bc4.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: 2023-08-11

Reporting Person: Schrenk David (VP Sales & Bus. Development)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-08-11 Common Stock M 834 $2.56 Acquired 66954 Direct
2023-08-11 Common Stock M 2911 $6.86 Acquired 69865 Direct
2023-08-11 Common Stock S 8927 $9.80 Disposed 60938 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-08-11 Employee Stock Option (Right to Buy) $2.56 M 834 Disposed 2030-04-06 Common Stock (834) Direct
2023-08-11 Employee Stock Option (Right to Buy) $6.86 M 2911 Disposed 2029-08-25 Common Stock (2911) Direct

Footnotes

F1: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $9.71 to $10.01 per share. The Reporting Person undertakes to provide to the Issuer, any security holder 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.

F2: The option vested as to 25% of the shares on April 7, 2021, and the remainder vest in 36 equal monthly increments thereafter. The option becomes fully exercisable on April 7, 2024.

F3: The option vested as to 25% of the shares on August 26, 2020, and the remainder vest in 36 equal monthly increments thereafter. The option becomes fully exercisable on August 26, 2023.