SEC Form 4 · accession 0001209191-18-013099
EVERSPIN TECHNOLOGIES INC. · MRAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Conley
Officer — President and CEO · Director
Period of report
Feb 22, 2018
Accepted (ET)
Feb 23, 2018 · 5:24 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (Right to Buy)F1,F2 | $16.25 | Feb 22, 2018 | D | 400,000 | D | — | Aug 31, 2027 | Common Stock | 400,000 | 0 | D |
| Incentive Stock Option (Right to Buy)F1,F2 | $7.64 | Feb 22, 2018 | A | 400,000 | A | — | Aug 31, 2027 | Common Stock | 400,000 | 400,000 | D |
Explanation of responses
- F1The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option.
- F21/48th of the shares subject to the option shall vest in successive equal monthly installments measured from September 1, 2017.