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Form 3 EVERSPIN TECHNOLOGIES For: Apr 16 Filed by: Oka Aparna

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April 26, 2021 10:56 AM EDT
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
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hours per response: 0.5
1. Name and Address of Reporting Person *
Oka Aparna
(Last) (First) (Middle)
C/O EVERSPIN TECHNOLOGIES, INC.
5670 W. CHANDLER BOULEVARD, SUITE 100
(Street)
CHANDLER AZ 85226
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/16/2021 		3. Issuer Name and Ticker or Trading Symbol
EVERSPIN TECHNOLOGIES INC [ MRAM ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Corporate Controller
 5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 9,568 (1)
D
 
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy)   (2) 12/02/2028 Common Stock 4,000 6.9 D  
Employee Stock Option (right to buy)   (3) 03/23/2030 Common Stock 6,500 2.23 D  
Employee Stock Option (right to buy)   (4) 12/02/2030 Common Stock 9,000 5.3 D  
Explanation of Responses:
1. Includes 6,534 unvested restricted stock units.
2. The option is currently exercisable as to 2,416 shares. The option vested 25% on November 12, 2019 and the remainder vests in 36 equal monthly increments thereafter. The option becomes fully exercisable as to the remaining 1,584 shares on November 12, 2022.
3. The option is currently exercisable as to 1,625 shares. The option vested 25% on March 24, 2021 and the remainder vests in 36 equal monthly increments thereafter. The option becomes fully exercisable as to the remaining 4,875 shares on March 24, 2024.
4. The option is not currently exercisable. The option vests 25% on December 1, 2021 and the remainder vests in 36 equal monthly increments thereafter. The option becomes fully exercisable on December 1, 2024.
/s/ Aparna Oka 04/23/2021
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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