SEC Form 4 · accession 0001593968-16-000859
MICROVISION, INC. · MVIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexander Y Tokman
Officer — President and CEO · Director
Period of report
Jun 1, 2016
Accepted (ET)
Jun 3, 2016 · 4:53 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000065770
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 1, 2016 | F | 1,531 | $0.00 | D | 128,206 | D | |
| Common StockF2 | Jun 1, 2016 | A | 5,785 | $0.00 | A | 133,991 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F3 | $1.89 | Jun 1, 2016 | A | 200,000 | A | Jun 1, 2017 | Jun 1, 2026 | MicroVision Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1Shares were withheld for payment of tax liabilities due at the time of grant.
- F2Restricted stock award vested immediately upon date of grant.
- F3The reporting person vests ownership in the stock option as follows - 25% upon each anniversary of the date of grant, subject to the terms of the 2013 Stock Option Plan, as amended.