4//SEC Filing
Verma Anubhav 4
Accession 0001493152-24-022988
CIK 0000065770other
Filed
Jun 5, 8:00 PM ET
Accepted
Jun 6, 9:12 PM ET
Size
12.6 KB
Accession
0001493152-24-022988
Insider Transaction Report
Form 4
Transactions
- Award
Restricted Stock Units
2024-06-04+200,000→ 200,000 totalExercise: $0.00From: 2024-06-04Exp: 2024-06-04→ Common Stock (200,000 underlying) - Exercise/Conversion
Restricted Stock Units
2024-06-04−200,000→ 0 totalExercise: $0.00From: 2024-06-04Exp: 2024-06-04→ Common Stock (200,000 underlying) - Award
Restricted Stock Units
2024-06-04+450,000→ 450,000 totalExercise: $0.00From: 2025-06-04Exp: 2027-06-04→ Common Stock (450,000 underlying) - Exercise/Conversion
Common Stock
2024-06-04+200,000→ 295,006 total
Footnotes (5)
- [F1]On June 4, 2024, the Issuer's Compensation Committee approved a grant of fully vested restricted stock units, or RSUs, in lieu of a cash payout of the Reporting Person's 2023 short-term incentive bonus. For more detail on the short-term incentive bonus, please refer to the disclosure in the Company's 2024 Proxy Statement, as filed with the SEC on April 29, 2024. The vested RSUs were distributed to the Reporting Person, without payment, in shares of common stock on a unit-for-share basis.
- [F2]Each restricted stock unit represents a contingent right to receive one share of MicroVision common stock.
- [F3]The restricted stock units were fully vested at the time of grant.
- [F4]At vesting, converts into shares of common stock on a unit-for-share basis.
- [F5]On June 4, 2024, the Issuer's Compensation Committee approved a grant of restricted stock units, which are scheduled to vest as to 33% on each annual anniversary of the grant date, until fully vested on June 4, 2027, subject to the Reporting Person's continued employment with the Issuer on each vesting date.
Documents
Issuer
MICROVISION, INC.
CIK 0000065770
Entity typeother
Related Parties
1- filerCIK 0001894342
Filing Metadata
- Form type
- 4
- Filed
- Jun 5, 8:00 PM ET
- Accepted
- Jun 6, 9:12 PM ET
- Size
- 12.6 KB