Jada Smith - 28 Jan 2025 Form 4 Insider Report for MICROVISION, INC. (MVIS)

Role
Director
Signature
/s/ Drew G. Markham, attorney-in-fact for Jada Smith
Issuer symbol
MVIS
Transactions as of
28 Jan 2025
Net transactions value
-$32,384
Form type
4
Filing time
04 Mar 2025, 16:15:27 UTC
Previous filing
03 Dec 2024
Next filing
06 Jun 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVIS Common Stock Sale $32,384 -20,113 -50% $1.61 20,113 28 Jan 2025 Direct F1
transaction MVIS Common Stock Options Exercise $0 +20,112 +100% $0.000000 40,225 03 Mar 2025 Direct F2

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 Options Exercise $0 -20,112 -100% $0.000000 0 03 Mar 2025 Common Stock 20,112 $0.000000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 1/28/2025, without direction from the Reporting Person, the Reporting Person's broker sold 20,113 shares of Reporting Person's MicroVision common stock in contravention of MicroVision policies. The Reporting Person did not become aware of the sale until after settlement.
F2 Vested restricted stock units, or RSUs, were distributed to the Reporting Person, without payment, in shares of common stock on a unit-for-share basis.
F3 At vesting, RSUs convert into shares of common stock on a unit-for-share basis, without payment.
F4 RSUs granted 06/05/2024 are scheduled to vest in four equal quarterly installments until fully vested on the earlier of the first anniversary of the grant date or the day prior to the Issuer's 2025 Annual Meeting of Stockholders, provided that the reporting person continues to serve as a director through each vesting date.