SEC Form 4 · accession 0001209191-18-032405
EVERSPIN TECHNOLOGIES INC. · MRAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Socolof
Director · 10% Owner
Period of report
May 21, 2018
Accepted (ET)
May 22, 2018 · 6:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001438423
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 21, 2018 | A | 3,000 | $0.00 | A | 3,000 | D | |
| Common StockF1 | holding | — | — | — | 2,260,991 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonqualified Stock Option (Right to Buy)F2 | $8.16 | May 21, 2018 | A | 12,000 | A | — | May 20, 2028 | Common Stock | 12,000 | 12,000 | D |
Explanation of responses
- F1The shares are held as follows: 1,966,081 by NV Partners IV, L.P. ("NV IV") and 294,910 by NV Partners IVC,L.P. ("NVI VC"). NVPG IV LLC ("NVPG") is the general partner of NV IV and NV IVC. Mr. Socolof is an individual managing member of NVPG. Mr. Socolof disclaims beneficial ownership over the shares reported herein, and this report shall not be deemed an admission of beneficial ownership for the purposes of Section 16 or for any other purpose, except to the extent of his proportionate pecuniary interest therein.
- F21/12th of the shares subject to the option vest in successive equal monthly installments measured from May 21, 2018.