SEC Form 4 · accession 0001209191-17-034284
EVERSPIN TECHNOLOGIES INC. · MRAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Patla
Officer — Senior VP, Marketing
Period of report
Mar 24, 2017
Accepted (ET)
May 22, 2017 · 4:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001438423
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $7.88 | Mar 24, 2017 | A | 40,000 | A | — | Mar 23, 2027 | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F11/4th of the shares subject to the option shall vest on January 19, 2018 and 1/36th of the remaining shares shall vest in successive equal monthly installments thereafter.