Sumit Sharma - 24 Jul 2024 Form 4 Insider Report for MICROVISION, INC. (MVIS)

Signature
/s/ Elizabeth A. Mandle, attorney-in-fact for Sumit Sharma
Issuer symbol
MVIS
Transactions as of
24 Jul 2024
Net transactions value
$0
Form type
4
Filing time
25 Jul 2024, 16:35:19 UTC
Previous filing
10 Apr 2024
Next filing
06 Jun 2025

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MVIS Restricted Stock Units Award $0 +1,125,000 $0.000000 1,125,000 24 Jul 2024 Common Stock 1,125,000 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of MicroVision common stock.
F2 On July 24, 2024, the Issuer's Board of Directors approved a grant of restricted stock units, or RSUs, which are scheduled to vest as to 33% on each annual anniversary of the grant date, until fully vested on July 24, 2027, subject to the Reporting Person's continued employment with the Issuer on each vesting date.