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MICROVISION, INC. — Director's Dealing 2005
Mar 16, 2005
14856_dirs_2005-03-15_43f81678-2937-47f2-bedf-450252440f6f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LUMERA CORP (LMRA)
CIK: 0001137399
Period of Report: 2005-03-11
Reporting Person: MICROVISION INC (10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2005-03-11 | Senior Secured Exchangeable Convertible Note | $5.64 | S | 1 | Disposed | 2007-03-15 | Common Stock (525000) | Direct |
| 2005-03-11 | Senior Secured Exchangeable Convertible Note | $5.64 | S | 1 | Disposed | 2007-03-15 | Common Stock (525000) | Direct |
| 2005-03-11 | Senior Secured Exchangeable Convertible Note | $5.64 | S | 1 | Disposed | 2007-03-15 | Common Stock (350000) | Direct |
| 2005-03-11 | Senior Secured Exchangeable Convertible Note | $5.64 | S | 1 | Disposed | 2007-03-15 | Common Stock (350000) | Direct |
Footnotes
F1: Microvision, Inc. (the "Company") has sold to four institutional investors senior secured exchangeable convertible
notes (the "Notes") which are exchangeable into shares of common stock of Lumera Corporation ("Lumera") owned by the
Company (the "Lumera Shares") based on a fixed exchange price of $5.64 per share. Under certain circumstances, the
Company may repay principal on the Notes with the Lumera Shares. If so, such payment will be issued at a 10% discount
to the arithmetic average of the volume-weighted average prices of the 15 trading days prior to the payment date. The
maximum number of Lumera Shares available for exchange and for repayment of principal is 1,750,000 shares.
F2: Principal amount of Note.