0001104659-21-143557.txt : 20211124 0001104659-21-143557.hdr.sgml : 20211124 20211124161028 ACCESSION NUMBER: 0001104659-21-143557 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211123 FILED AS OF DATE: 20211124 DATE AS OF CHANGE: 20211124 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Aggarwal Sanjeev CENTRAL INDEX KEY: 0001683772 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37900 FILM NUMBER: 211446537 MAIL ADDRESS: STREET 1: C/O EVERSPIN TECHNOLOGIES, INC. STREET 2: 1347 N. ALMA SCHOOL ROAD, SUITE 220 CITY: CHANDLER STATE: AZ ZIP: 85224 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: EVERSPIN TECHNOLOGIES INC CENTRAL INDEX KEY: 0001438423 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 262640654 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5670 W. CHANDLER BOULEVARD STREET 2: SUITE 100 CITY: CHANDLER STATE: AZ ZIP: 85226 BUSINESS PHONE: 480-347-1111 MAIL ADDRESS: STREET 1: 5670 W. CHANDLER BOULEVARD STREET 2: SUITE 100 CITY: CHANDLER STATE: AZ ZIP: 85226 4 1 tm2133350-9_4seq1.xml OWNERSHIP DOCUMENT X0306 4 2021-11-23 0 0001438423 EVERSPIN TECHNOLOGIES INC MRAM 0001683772 Aggarwal Sanjeev C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 100 CHANDLER AZ 85226 0 1 0 0 CTO & VP, Technology R&D Common Stock 2021-11-23 4 S 0 218 11.32 D 36863 D Common Stock 2021-11-23 4 M 0 9166 9.12 A 46029 D Common Stock 2021-11-23 4 M 0 11849 6.35 A 57878 D Common Stock 2021-11-23 4 M 0 24768 6.63 A 82646 D Common Stock 2021-11-23 4 S 0 45783 12.50 D 36863 D Employee Stock Option (Right to Buy) 9.12 2021-11-23 4 M 0 9166 0 D 2028-03-12 Common Stock 9166 834 D Employee Stock Option (Right to Buy) 6.35 2021-11-23 4 M 0 11849 0 D 2029-02-10 Common Stock 11849 8151 D Employee Stock Option (Right to Buy) 6.63 2021-11-23 4 M 0 24768 0 D 2026-07-11 Common Stock 24768 0 D Shares sold solely to pay taxes due upon the vesting of restricted stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.50 to $12.54, inclusive. The reporting person undertakes to provide to Everspin Technologies, Inc.'s (the "Issuer"), any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2). 1/4th of the shares subject to the option vested on March 13, 2019 and 1/36th of the remaining shares are scheduled to vest in successive equal monthly installments thereafter. 1/4th of the shares subject to the option vested on February 11, 2020 and 1/36th of the remaining shares are scheduled to vest in successive equal monthly installments thereafter. 1/4th of the shares subject to the option vested on April 26, 2017 and 1/36th of the remaining shares vested in successive equal monthly installments thereafter. Exhibit List: Exhibit 24 - Power of Attorney /s/ Anthony Griff, Attorney-in-fact for Sanjeev Aggarwal 2021-11-24 EX-24 2 tm2133350d9_ex24.htm EXHIBIT 24

 

Exhibit 24

 

EVERSPIN TECHNOLOGIES, INC.

 

LIMITED POWER OF ATTORNEY 

FOR SECTION 16 REPORTING OBLIGATIONS

 

Know all by these presents that the undersigned hereby makes, constitutes and appoints Anthony Griff as the undersigned’s true and lawful attorney-in-fact, with full power and authority as hereinafter described on behalf of and in the name, place and stead of the undersigned to:

 

(1)prepare and execute Forms 3, 4 and 5 (including any amendments thereto) with respect to the securities of Everspin Technologies, Inc., a Delaware corporation (the “Company”), and to file the same with the U.S. Securities and Exchange Commission (the “SEC”), any national securities exchanges and the Company, as considered necessary or advisable under Section 16(a) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the Sarbanes-Oxley Act of 2002 (the “Sarbanes-Oxley Act”); and

 

(2)seek or obtain, as the undersigned’s representative and on the undersigned’s behalf, information on transactions in the Company’s securities from any third party, including brokers, employee benefit plan administrators and trustees, and the undersigned hereby authorizes any such person to release any such information to the undersigned and approves and ratifies any such release of information.

 

The undersigned acknowledges that:

 

(a)any documents prepared and/or executed by any of such attorney-in-fact on behalf of the undersigned pursuant to this power of attorney will be in such form and will contain such information and disclosure as such attorney-in-fact, in his or her discretion, deems necessary or desirable;

 

(b)this power of attorney authorizes, but does not require, such attorney-in-fact to act in his or her discretion on information provided to such attorney-in-fact without independent verification of such information;

 

(c)neither the Company nor such attorney-in-fact assumes (i) any liability for the undersigned’s responsibility to comply with the requirements of the Securities Act of 1933, as amended (the “Securities Act”), the Exchange Act or the Sarbanes-Oxley Act (as applicable), (ii) any liability of the undersigned for any failure to comply with such requirements, or (iii) any obligation or liability of the undersigned for profit disgorgement under Section 16(b) of the Exchange Act; and

 

(d)this power of attorney does not relieve the undersigned from responsibility for compliance with the undersigned’s obligations under the Securities Act and the Exchange Act, including, but not limited to, the reporting requirements under Section 16(a) of the Exchange Act.

 

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The undersigned hereby gives and grants the foregoing attorney-in-fact full power and authority to do and perform all and every act and thing whatsoever requisite, necessary or appropriate to be done in and about the foregoing matters as fully to all intents and purposes as the undersigned might or could do if present, hereby ratifying all that such attorney-in-fact of, for and on behalf of the undersigned shall lawfully do or cause to be done by virtue of this power of attorney.

 

This power of attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in writing.

 

[SIGNATURE PAGE FOLLOWS]

 

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IN WITNESS WHEREOF, the undersigned has caused this power of attorney to be executed as of the date set forth below.

 

  /s/ Sanjeev Aggarwal
  Sanjeev Aggarwal
   
  Date: November 22, 2021