Form 4 for MVIS MICROVISION, INC.
Accepted 2024-06-06 00:00:00 ET · period of report 2024-06-04 · accession 0001493152-24-022987 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-06-06 | 2024-06-04 | MVIS | Markham Drew G | GC | M - OptEx | $0.00 | +186.2K | 222.9K | +507% | $0 |
| D | 2024-06-06 | 2024-06-04 | MVIS | Markham Drew G | GC | M - OptEx | $0.00 | -186.2K | 0 | -100% | $0 |
| DM | 2024-06-06 | 2024-06-04 | MVIS | Markham Drew G | GC | A - Grant | $0.00 | +546.2K | 186.2K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-06-04 | M | A | 186,250 | $0.00 | 222,950 | D | — | — | (F1) On June 4, 2024, the Issuer's Compensation Committee approved a grant of fully vested restricted stock units, or RSUs, in lieu of a cash payout of the Reporting Person's 2023 short-term incentive bonus. For more detail on the short-term incentive bonus, please refer to the disclosure in the Company's 2024 Proxy Statement, as filed with the SEC on April 29, 2024. The vested RSUs were distributed to the Reporting Person, without payment, in shares of common stock on a unit-for-share basis. |
| 2 | Derivative | Restricted Stock Units | 2024-06-04 | M | D | 186,250 | $0.00 | 0 | D | $0.00 · 2024-06-04 to 2024-06-04 | 186,250 Common Stock | (F4) At vesting, converts into shares of common stock on a unit-for-share basis. (F3) The restricted stock units were fully vested at the time of grant. |
| 3 | Derivative | Restricted Stock Units | 2024-06-04 | A | A | 360,000 | $0.00 | 360,000 | D | $0.00 · 2025-06-04 to 2027-06-04 | 360,000 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of MicroVision common stock. (F5) On June 4, 2024, the Issuer's Compensation Committee approved a grant of restricted stock units, which are scheduled to vest as to 33% on each annual anniversary of the grant date, until fully vested on June 4, 2027, subject to the Reporting Person's continued employment with the Issuer on each vesting date. |
| 4 | Derivative | Restricted Stock Units | 2024-06-04 | A | A | 186,250 | $0.00 | 186,250 | D | $0.00 · 2024-06-04 to 2024-06-04 | 186,250 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of MicroVision common stock. (F3) The restricted stock units were fully vested at the time of grant. |