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Filing Details

Accession Number:
0001209191-16-146051
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-10-17 16:30:51
Reporting Period:
2016-10-13
Filing Date:
2016-10-17
Accepted Time:
2016-10-17 16:30:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1438423 Everspin Technologies Inc MRAM () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
901762 G Lawrence Finch C/o Everspin Technologies, Inc.
1347 N. Alma School Road, Suite 220
Chandler AZ 85224
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-10-13 67,150 $0.00 164,232 No 4 C Direct
Common Stock Acquisiton 2016-10-13 36,215 $0.00 200,447 No 4 C Direct
Common Stock Acquisiton 2016-10-13 40,219 $6.40 240,666 No 4 C Direct
Common Stock Acquisiton 2016-10-13 27,464 $6.40 268,130 No 4 C Direct
Common Stock Acquisiton 2016-10-13 41,961 $8.00 41,961 No 4 P Indirect By Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 C Direct
No 4 C Direct
No 4 C Direct
No 4 P Indirect By Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Preferred Stock Disposition 2016-10-13 67,150 $0.00 67,150 $0.00
Common Stock Series B Preferred Stock Disposition 2016-10-13 36,215 $0.00 36,215 $0.00
Common Stock 5% Convertible Subordinated Promissory Note Disposition 2016-10-13 0 $0.00 40,219 $6.40
Common Stock 5% Convertible Subordinated Promissory Note Disposition 2016-10-13 0 $0.00 27,464 $6.40
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Direct
0 No 4 C Direct
0 No 4 C Direct
0 No 4 C Direct
Footnotes
  1. The reported securities converted into shares of the Issuer's common stock on a one-for-one basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date.
  2. The shares are held by the Lawrence G and Janice C. Finch Revocable Trust, of which the reporting person is trustee.
  3. The note was issued in the original principal amount of $248,653. The outstanding principal and accrued interest on such note automatically converted into shares of common stock of the Issuer immediately prior to the closing of the Issuer's initial public offering at a conversion rate equal to 80% of the initial public offering price. The note bore interest at a rate of 5% per annum. The note had accrued interest of $8,753.95 through October 12, 2016.
  4. The note was issued in the original principal amount of $174,057.17. The outstanding principal and accrued interest on such note automatically converted into shares of common stock of the Issuer immediately prior to the closing of the Issuer's initial public offering at a conversion rate equal to 80% of the initial public offering price. The note bore interest at a rate of 5% per annum. The note had accrued interest of $1,716.73 through October 12, 2016.