SEC Form 3
FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
1. Name and Address of Reporting Person*
(Street)
| 2. Date of Event Requiring Statement (Month/Day/Year) 04/16/2021 | 3. Issuer Name and Ticker or Trading Symbol EVERSPIN TECHNOLOGIES INC [ MRAM ] | |||||||||||||
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. If Amendment, Date of Original Filed (Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Beneficially Owned | |||
---|---|---|---|
1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 9,568(1) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
---|---|---|---|---|---|---|---|
1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Employee Stock Option (right to buy) | (2) | 12/02/2028 | Common Stock | 4,000 | 6.9 | D | |
Employee Stock Option (right to buy) | (3) | 03/23/2030 | Common Stock | 6,500 | 2.23 | D | |
Employee Stock Option (right to buy) | (4) | 12/02/2030 | Common Stock | 9,000 | 5.3 | D |
Explanation of Responses: |
1. Includes 6,534 unvested restricted stock units. |
2. The option is currently exercisable as to 2,416 shares. The option vested 25% on November 12, 2019 and the remainder vests in 36 equal monthly increments thereafter. The option becomes fully exercisable as to the remaining 1,584 shares on November 12, 2022. |
3. The option is currently exercisable as to 1,625 shares. The option vested 25% on March 24, 2021 and the remainder vests in 36 equal monthly increments thereafter. The option becomes fully exercisable as to the remaining 4,875 shares on March 24, 2024. |
4. The option is not currently exercisable. The option vests 25% on December 1, 2021 and the remainder vests in 36 equal monthly increments thereafter. The option becomes fully exercisable on December 1, 2024. |
/s/ Aparna Oka | 04/23/2021 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |