Filing Details
- Accession Number:
- 0001104659-22-034581
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-03-16 17:27:50
- Reporting Period:
- 2022-03-14
- Accepted Time:
- 2022-03-16 17:27:50
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1438423 | Everspin Technologies Inc | MRAM | Semiconductors & Related Devices (3674) | 262640654 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1683772 | Sanjeev Aggarwal | C/O Everspin Technologies, Inc., 5670 W. Chandler Boulevard, Suite 100 Chandler AZ 85226 | President & Ceo | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2022-03-14 | 62,000 | $0.00 | 98,863 | No | 4 | A | Direct | |
Common Stock | Disposition | 2022-03-14 | 216 | $8.49 | 98,647 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (Right to Buy) | Acquisiton | 2022-03-14 | 112,000 | $0.00 | 112,000 | $8.17 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
112,000 | 2032-03-13 | No | 4 | A | Direct |
Footnotes
- 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.
- Shares sold solely to pay taxes due upon the vesting of previously granted RSUs.
- 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.