Sumit Sharma - 10 Apr 2023 Form 4 Insider Report for MICROVISION, INC. (MVIS)

Role
CEO, Director
Signature
/s/ Drew G. Markham, attorney-in-fact
Issuer symbol
MVIS
Transactions as of
10 Apr 2023
Net transactions value
-$183,235
Form type
4
Filing time
11 Apr 2023, 20:23:12 UTC
Previous filing
15 Mar 2023
Next filing
14 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVIS Common Stock Award $0 +300,000 +40% $0.000000 1,041,704 10 Apr 2023 Direct F1
transaction MVIS Common Stock Tax liability $183,235 -75,511 -7.2% $2.43 966,193 11 Apr 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to employment agreement dated April 8, 2021, 300,000 shares were issued upon the automatic grant of fully vested RSUs in accordance with the terms of the agreement with no discretion exercised by the Reporting Person.
F2 Represents a nondiscretionary sell-to-cover transaction completed by the Issuer in accordance with the terms of the award agreement.