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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.