0001493152-24-022988.txt : 20240606
0001493152-24-022988.hdr.sgml : 20240606
20240606211246
ACCESSION NUMBER: 0001493152-24-022988
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240604
FILED AS OF DATE: 20240606
DATE AS OF CHANGE: 20240606
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Verma Anubhav
CENTRAL INDEX KEY: 0001894342
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34170
FILM NUMBER: 241027059
MAIL ADDRESS:
STREET 1: 6244 185TH AVE NE
STREET 2: STE 100
CITY: REDMOND
STATE: WA
ZIP: 98052
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MICROVISION, INC.
CENTRAL INDEX KEY: 0000065770
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 911600822
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 18390 NE 68TH STREET
CITY: REDMOND
STATE: WA
ZIP: 98052
BUSINESS PHONE: 425-936-6847
MAIL ADDRESS:
STREET 1: 18390 NE 68TH STREET
CITY: REDMOND
STATE: WA
ZIP: 98052
FORMER COMPANY:
FORMER CONFORMED NAME: MICROVISION INC
DATE OF NAME CHANGE: 19960724
4
1
ownership.xml
X0508
4
2024-06-04
0
0000065770
MICROVISION, INC.
MVIS
0001894342
Verma Anubhav
18390 NE 68TH STREET
REDMOND
WA
98052
0
1
0
0
CFO
0
Common Stock
2024-06-04
4
M
0
200000
0.00
A
295006
D
Restricted Stock Units
0.00
2024-06-04
4
A
0
200000
0.00
A
2024-06-04
2024-06-04
Common Stock
200000
200000
D
Restricted Stock Units
0.00
2024-06-04
4
M
0
200000
0.00
D
2024-06-04
2024-06-04
Common Stock
200000
0
D
Restricted Stock Units
0.00
2024-06-04
4
A
0
450000
0.00
A
2025-06-04
2027-06-04
Common Stock
450000
450000
D
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.
Each restricted stock unit represents a contingent right to receive one share of MicroVision common stock.
The restricted stock units were fully vested at the time of grant.
At vesting, converts into shares of common stock on a unit-for-share basis.
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.
/s/ Elizabeth A. Mandle, attorney-in-fact for Anubhav Verma
2024-06-06