4//SEC Filing
EVERSPIN TECHNOLOGIES INC 4
Accession 0001209191-16-146097
$MRAMCIK 0001438423operating
Filed
Oct 16, 8:00 PM ET
Accepted
Oct 17, 6:58 PM ET
Size
31.1 KB
Accession
0001209191-16-146097
Insider Transaction Report
Form 4
Sigma Partners 8 LP
10% Owner
Transactions
- Conversion
Common Stock
2016-10-13+268,599→ 656,927 total(indirect: See footnote) - Conversion
Common Stock
2016-10-13$6.40/sh+160,878$1,029,619→ 962,668 total(indirect: See footnote) - Purchase
Common Stock
2016-10-13$8.00/sh+167,841$1,342,728→ 1,240,366 total(indirect: see footnote) - Conversion
Series A Preferrd Stock
2016-10-13−268,599→ 0 total(indirect: See footnote)→ Common Stock (268,599 underlying) - Conversion
5% Convertible Subordinated Promissory Note
2016-10-13→ 0 total(indirect: See footnote)Exercise: $6.40→ Common Stock (160,878 underlying) - Conversion
5% Convertible Subordinated Promissory Note
2016-10-13→ 0 total(indirect: See footnote)Exercise: $6.40→ Common Stock (109,857 underlying) - Conversion
Common Stock
2016-10-13$6.40/sh+109,857$703,085→ 1,072,525 total(indirect: See footnote) - Conversion
Series B Preferred Stock
2016-10-13−144,863→ 0 total(indirect: See footnote)→ Common Stock (144,863 underlying) - Conversion
Common Stock
2016-10-13+144,863→ 801,790 total(indirect: See footnote)
Sigma Associates 8, L.P.
10% Owner
Transactions
- Conversion
Common Stock
2016-10-13+144,863→ 801,790 total(indirect: See footnote) - Conversion
Common Stock
2016-10-13$6.40/sh+160,878$1,029,619→ 962,668 total(indirect: See footnote) - Conversion
Series A Preferrd Stock
2016-10-13−268,599→ 0 total(indirect: See footnote)→ Common Stock (268,599 underlying) - Conversion
Common Stock
2016-10-13$6.40/sh+109,857$703,085→ 1,072,525 total(indirect: See footnote) - Purchase
Common Stock
2016-10-13$8.00/sh+167,841$1,342,728→ 1,240,366 total(indirect: see footnote) - Conversion
Common Stock
2016-10-13+268,599→ 656,927 total(indirect: See footnote) - Conversion
5% Convertible Subordinated Promissory Note
2016-10-13→ 0 total(indirect: See footnote)Exercise: $6.40→ Common Stock (160,878 underlying) - Conversion
5% Convertible Subordinated Promissory Note
2016-10-13→ 0 total(indirect: See footnote)Exercise: $6.40→ Common Stock (109,857 underlying) - Conversion
Series B Preferred Stock
2016-10-13−144,863→ 0 total(indirect: See footnote)→ Common Stock (144,863 underlying)
Sigma Investors 8, L.P.
10% Owner
Transactions
- Conversion
Common Stock
2016-10-13+144,863→ 801,790 total(indirect: See footnote) - Conversion
Common Stock
2016-10-13$6.40/sh+160,878$1,029,619→ 962,668 total(indirect: See footnote) - Conversion
Common Stock
2016-10-13$6.40/sh+109,857$703,085→ 1,072,525 total(indirect: See footnote) - Purchase
Common Stock
2016-10-13$8.00/sh+167,841$1,342,728→ 1,240,366 total(indirect: see footnote) - Conversion
Common Stock
2016-10-13+268,599→ 656,927 total(indirect: See footnote) - Conversion
Series B Preferred Stock
2016-10-13−144,863→ 0 total(indirect: See footnote)→ Common Stock (144,863 underlying) - Conversion
5% Convertible Subordinated Promissory Note
2016-10-13→ 0 total(indirect: See footnote)Exercise: $6.40→ Common Stock (109,857 underlying) - Conversion
5% Convertible Subordinated Promissory Note
2016-10-13→ 0 total(indirect: See footnote)Exercise: $6.40→ Common Stock (160,878 underlying) - Conversion
Series A Preferrd Stock
2016-10-13−268,599→ 0 total(indirect: See footnote)→ Common Stock (268,599 underlying)
Sigma Management 8, L.L.C.
10% Owner
Transactions
- Conversion
Common Stock
2016-10-13+268,599→ 656,927 total(indirect: See footnote) - Conversion
Common Stock
2016-10-13+144,863→ 801,790 total(indirect: See footnote) - Conversion
Common Stock
2016-10-13$6.40/sh+160,878$1,029,619→ 962,668 total(indirect: See footnote) - Purchase
Common Stock
2016-10-13$8.00/sh+167,841$1,342,728→ 1,240,366 total(indirect: see footnote) - Conversion
5% Convertible Subordinated Promissory Note
2016-10-13→ 0 total(indirect: See footnote)Exercise: $6.40→ Common Stock (160,878 underlying) - Conversion
Series A Preferrd Stock
2016-10-13−268,599→ 0 total(indirect: See footnote)→ Common Stock (268,599 underlying) - Conversion
Series B Preferred Stock
2016-10-13−144,863→ 0 total(indirect: See footnote)→ Common Stock (144,863 underlying) - Conversion
5% Convertible Subordinated Promissory Note
2016-10-13→ 0 total(indirect: See footnote)Exercise: $6.40→ Common Stock (109,857 underlying) - Conversion
Common Stock
2016-10-13$6.40/sh+109,857$703,085→ 1,072,525 total(indirect: See footnote)
Footnotes (9)
- [F1]Includes 256,176 shares held by Sigma Partners 8, L.P., 9,582 shares held by Sigma Associates 8, L.P. and 2,841 shares held by Sigma Investors 8, L.P. Sigma Management 8, L.L.C. is the general partner of Sigma Associates 8, L.P., Sigma Investors 8, L.P. and Sigma Partners 8, L.P. (collectively, the "Sigma Funds"). Sigma Management 8, L.L.C. has sole voting and investment power. Robert Davoli, Fahri Diner, Paul Flanagan, Gregory Gretsch, John Mandile, Peter Solvik, Robert Spinner and Wade Woodson, as managing members of Sigma Management 8, L.L.C., share this power.
- [F2]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.
- [F3]The shares held by Sigma Partners 8, L.P., Sigma Associates 8, L.P. and Sigma Investors 8, L.P. Sigma Management 8, L.L.C. is the general partner of Sigma Associates 8, L.P., Sigma Investors 8, L.P. and Sigma Partners 8, L.P. (collectively, the "Sigma Funds"). Sigma Management 8, L.L.C. has sole voting and investment power. Robert Davoli, Fahri Diner, Paul Flanagan, Gregory Gretsch, John Mandile, Peter Solvik, Robert Spinner and Wade Woodson, as managing members of Sigma Management 8, L.L.C., share this power.
- [F4]Includes 138,948 shares held by Sigma Partners 8, L.P., 4,439 shares held by Sigma Associates 8, L.P. and 1,476 shares held by Sigma Investors 8, L.P. Sigma Management 8, L.L.C. has sole voting and investment power. Robert Davoli, Fahri Diner, Paul Flanagan, Gregory Gretsch, John Mandile, Peter Solvik, Robert Spinner and Wade Woodson, as managing members of Sigma Management 8, L.L.C., share this power.
- [F5]Includes 154,371 shares held by Sigma Partners 8, L.P., 4,879 shares held by Sigma Associates 8, L.P. and 1,628 shares held by Sigma Investors 8, L.P. Sigma Management 8, L.L.C. is the general partner of Sigma Associates 8, L.P., Sigma Investors 8, L.P. and Sigma Partners 8, L.P. (collectively, the "Sigma Funds"). Sigma Management 8, L.L.C. has sole voting and investment power. Robert Davoli, Fahri Diner, Paul Flanagan, Gregory Gretsch, John Mandile, Peter Solvik, Robert Spinner and Wade Woodson, as managing members of Sigma Management 8, L.L.C., share this power.
- [F6]Includes 105,414 shares held by Sigma Partners 8, L.P., 3,331 shares held by Sigma Associates 8, L.P. and 1,112 shares held by Sigma Investors 8, L.P. Sigma Management 8, L.L.C. is the general partner of Sigma Associates 8, L.P., Sigma Investors 8, L.P. and Sigma Partners 8, L.P. (collectively, the "Sigma Funds"). Sigma Management 8, L.L.C. has sole voting and investment power. Robert Davoli, Fahri Diner, Paul Flanagan, Gregory Gretsch, John Mandile, Peter Solvik, Robert Spinner and Wade Woodson, as managing members of Sigma Management 8, L.L.C., share this power.
- [F7]Includes 161,052 shares held by Sigma Partners 8, L.P., 5,090 shares held by Sigma Associates 8, L.P. and 1,699 shares held by Sigma Investors 8, L.P. Sigma Management 8, L.L.C. is the general partner of Sigma Associates 8, L.P., Sigma Investors 8, L.P. and Sigma Partners 8, L.P. (collectively, the "Sigma Funds"). Sigma Management 8, L.L.C. has sole voting and investment power. Robert Davoli, Fahri Diner, Paul Flanagan, Gregory Gretsch, John Mandile, Peter Solvik, Robert Spinner and Wade Woodson, as managing members of Sigma Management 8, L.L.C., share this power.
- [F8]The notes were issued in the original principal amount of $954,379.44 to Sigma Partners 8, L.P., $30,163.90 to Sigma Associates 8, L.P. and $10,068.66 to Sigma Investors 8, L.P. 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 $33,599.39 to Sigma Partners 8, L.P., $1,061.93 to Sigma Associates 8, L.P. and $354.47 to Sigma Investors 8, L.P. through October 2, 2016. Sigma Management 8, L.L.C. has sole voting and investment power. Robert Davoli, Fahri Diner, Paul Flanagan, Gregory Gretsch, John Mandile, Peter Solvik, Robert Spinner and Wade Woodson, as managing members of Sigma Management 8, L.L.C., share this power.
- [F9]The notes were issued in the original principal amount of $668,066.03 to Sigma Partners 8, L.P., $21,114.74 to Sigma Associates 8, L.P. and $7,048.07 to Sigma Investors 8, L.P. 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 note had accrued interest of $6,589.14 to Sigma Partners 8, L.P., $208.25 to Sigma Associates 8, L.P. and $69.52 to Sigma Investors 8, L.P. through October 12, 2016. Sigma Management 8, L.L.C. has sole voting and investment power. Robert Davoli, Fahri Diner, Paul Flanagan, Gregory Gretsch, John Mandile, Peter Solvik, Robert Spinner and Wade Woodson, as managing members of Sigma Management 8, L.L.C., share this power.
Documents
Issuer
EVERSPIN TECHNOLOGIES INC
CIK 0001438423
Entity typeoperating
IncorporatedUnited States
Related Parties
1- filerCIK 0001438423
Filing Metadata
- Form type
- 4
- Filed
- Oct 16, 8:00 PM ET
- Accepted
- Oct 17, 6:58 PM ET
- Size
- 31.1 KB