4//SEC Filing
Sharma Sumit 4
Accession 0001493152-24-014245
CIK 0000065770other
Filed
Apr 9, 8:00 PM ET
Accepted
Apr 10, 5:17 PM ET
Size
7.9 KB
Accession
0001493152-24-014245
Insider Transaction Report
Form 4
Sharma Sumit
DirectorCEO
Transactions
- Tax Payment
Common Stock
2024-04-10$1.64/sh−125,563$205,635→ 898,421 total - Award
Common Stock
2024-04-08+300,000→ 1,023,984 total
Footnotes (3)
- [F1]Pursuant to employment agreement dated April 8, 2021, 300,000 shares were issued upon the automatic grant of fully vested RSUs in accordance with the terms of the agreement with no discretion exercised by the Reporting Person. As disclosed in the Form 8-K filed on April 8, 2024, the term of the employment agreement was extended until the new employment agreement currently being negotiated is executed by the parties.
- [F2]Represents a nondiscretionary sell-to-cover transaction completed by the Issuer in accordance with the terms of the award agreement and the Reporting Person's previously entered into irrevocable tax withholding election.
- [F3]Due to an administrative error, Column 5 of the Reporting Person's Form 4 ownership reports filed on March 15, 2023, April 11, 2023 and November 14, 2023, each incorrectly stated the Reporting Person's resulting beneficial ownership. The reported beneficial ownership amounts did not reflect the Reporting Person's transfer, made prior to the filing of the March 15, 2023 Form 4, of 352,362 shares pursuant to a domestic relations order. As previously disclosed in the Issuer's Proxy Statement filed April 5, 2023, the Reporting Person no longer reports as beneficially owned any securities owned by his former spouse. Pursuant to the same order, the Reporting Person also transferred stock options for a total of 187,500 shares. As corrected, Column 5, of the Form 4s filed on March 15, 2023, April 11, 2023 and November 14, 2023 should have reported 489,342 shares, 789,342 shares and 713,831 shares (in the two rows of Table I), and 723,984 shares, respectively.
Documents
Issuer
MICROVISION, INC.
CIK 0000065770
Entity typeother
Related Parties
1- filerCIK 0001709206
Filing Metadata
- Form type
- 4
- Filed
- Apr 9, 8:00 PM ET
- Accepted
- Apr 10, 5:17 PM ET
- Size
- 7.9 KB