Sharma Sumit 4
4 · MICROVISION, INC. · Filed Jun 14, 2022
Insider Transaction Report
Form 4
Sharma Sumit
DirectorCEO
Transactions
- Award
Restricted stock units
2022-06-13+2,800,000→ 2,800,000 totalExercise: $0.00Exp: 2027-12-31→ Common Stock (2,800,000 underlying)
Footnotes (3)
- [F1]At vesting, converts into shares of common stock on a unit-for-share basis.
- [F2]Following approval by shareholders on June 1, 2022 of the MicroVision, Inc. 2022 Equity Incentive Plan, on June 13, 2022 the reporting person was granted a performance-based restricted stock unit award covering 2,800,000 shares of common stock (the "PRSU Award").
- [F3]Upon achievement of each of four stock-price-based performance objectives, a portion of the PRSU Award is scheduled to vest in eight equal quarterly installments.