Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Filing Details

Accession Number:
0001209191-16-146058
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-10-17 16:45:58
Reporting Period:
2016-10-13
Filing Date:
2016-10-17
Accepted Time:
2016-10-17 16:45:58
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
1245101 M Thomas Uhlman C/o Everspin Technologies, Inc.
1347 N. Alma School Road, Suite 220
Chandler AZ 85224
No No Yes No
1260347 Andrew Garman C/o Everspin Technologies, Inc.
1347 N. Alma School Road, Suite 220
Chandler AZ 85224
No No Yes No
1350134 P L C Iv Partners Nv C/o Everspin Technologies, Inc.
1347 N. Alma School Road, Suite 220
Chandler AZ 85224
No No Yes No
1350135 P L Iv Partners Nv C/o Everspin Technologies, Inc.
1347 N. Alma School Road, Suite 220
Chandler AZ 85224
No No Yes No
1686431 Nvpg Iv, Llc C/o Everspin Technologies, Inc.
1347 N. Alma School Road, Suite 220
Chandler AZ 85224
No No Yes 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 2016-10-13 503,625 $0.00 1,231,740 No 4 C Indirect See Footnote
Common Stock Acquisiton 2016-10-13 271,619 $0.00 1,503,359 No 4 C Indirect See Footnote
Common Stock Acquisiton 2016-10-13 301,648 $6.40 1,805,007 No 4 C Indirect See Footnote
Common Stock Acquisiton 2016-10-13 205,984 $6.40 2,010,991 No 4 C Indirect See Footnote
Common Stock Acquisiton 2016-10-13 250,000 $8.00 2,260,991 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See Footnote
No 4 C Indirect See Footnote
No 4 C Indirect See Footnote
No 4 C Indirect See Footnote
No 4 P Indirect See Footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Preferred Stock Disposition 2016-10-13 503,625 $0.00 503,625 $0.00
Common Stock Series B Preferred Stock Disposition 2016-10-13 271,619 $0.00 271,619 $0.00
Common Stock 5% Convertible Subordinated Promissory Note Disposition 2016-10-13 0 $0.00 301,648 $6.40
Common Stock 5% Convertible Subordinated Promissory Note Disposition 2016-10-13 0 $0.00 205,984 $6.40
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
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 as follows: 1,071,079 by NV Partners IV, L.P. ("NV IV") and 160,661 by NV Partners IVC,L.P. ("NVI VC").
  3. NVPG IV LLC ("NVPG") is the general partner of NV IV and NV IVC. Mr. Garman and Mr. Uhlman are individual managing members of NVPG. Each disclaims beneficial ownership over the shares reported herein, and this report shall not be deemed an admission of beneficial ownership for the purposes of Section 16 or for any other purpose, except to the extent of his or its proportionate pecuniary interest therein.
  4. The shares are held as follows: 1,307,270 by NV IV and 196,089 by NVIVC.
  5. The shares are held as follows: 1,569,573 by NV IV and 235,434 by NVIVC.
  6. The shares are held as follows: 1,748,690 by NV IV and 262,301 by NVIVC.
  7. The shares are held as follows: 1,966,081 by NV IV and 294,910 by NVIVC.
  8. The shares were held as follows: 437,935 by NV IV and 65,690 by NV IVC.
  9. The shares were held as follows: 236,191 by NV IV and 35,428 by NV IVC.
  10. The notes were issued in the original principal amount of $1,621,651.27 to NV IV and $243,247.73 to NV IVC. The outstanding principal and accrued interest on such notes 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 notes bore interest at a rate of 5% per annum. The notes had accrued interest of $57,091.01 for NV IV and $8,563.65 for NV IVC through October 12, 2016.
  11. The notes were issued in the original principal amount of $1,135,156.42 to NV IV and $170,273.49 to NV IVC. The outstanding principal and accrued interest on such notes 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 notes bore interest at a rate of 5% per annum. The notes had accrued interest of $11,196.06 for NV IV and $1,679.41 for NV IVC through October 12, 2016.