Peterson Laura J. 4

What Happened

• Laura J. Peterson, a director of MicroVision, had restricted stock units (RSUs) vest and convert into 18,005 shares of common stock on March 2, 2026. The Form 4 reports an "acquisition" of 18,005 shares at $0.00 (unit-for-share conversion) and a simultaneous "disposition" of 18,005 shares as the derivative instrument was converted/settled.
• Per the filing, there was no cash paid for the shares (price reported $0.00; total value $0). This is a vesting/settlement event rather than an open-market purchase or voluntary sale.

Key Details

• Transaction date: 2026-03-02; Form filed the same day (timely).
• Reported entries: M (exercise/conversion of derivative) — 18,005 shares acquired @ $0.00 and 18,005 shares disposed @ $0.00.
• Shares owned after the transaction: not disclosed in the provided excerpt of the filing.
• Footnotes: F1/F2 state RSUs were distributed/converted to shares on a unit-for-share basis without payment. F3 notes the RSUs granted 07/22/2025 vest in four equal quarterly installments (earlier of one-year anniversary or the day before the 2026 Annual Meeting), subject to continued service.

Context

• M code means exercise or conversion of a derivative. Here it reflects RSUs vesting and converting into common shares; the matching disposition entry reflects conversion/settlement of the derivative instrument rather than a market sale.
• Vesting/award conversions are routine compensation events and do not by themselves signal a buy/sell decision by the insider.
• No tax-withholding sale or 10b5-1 plan is referenced in the provided footnotes.