Form 4: MicroVision Director Mark Spitzer Acquires Shares Through RSU Vesting, Elects to Defer Delivery

Director Mark Spitzer acquired 20,112 shares of MicroVision common stock through the vesting of restricted stock units (RSUs) but elected to defer delivery of the shares.

Summary

• On March 3, 2025, Mark Bradley Spitzer, a director of MicroVision, Inc., acquired 20,112 shares of common stock due to the vesting of restricted stock units (RSUs).
• The RSUs were granted on June 5, 2024, and are scheduled to vest in four equal quarterly installments until fully vested on the earlier of the first anniversary of the grant date or the day prior to the Issuer's 2025 Annual Meeting of Stockholders.
• Spitzer elected to defer the delivery of these shares.
• As of March 3, 2025, Spitzer beneficially owns 147,877 shares of MicroVision common stock, including 106,094 vested RSUs that have not been delivered due to the deferral election.
• The delivery of the deferred shares will occur when Spitzer ceases to provide services to MicroVision or upon a change of control of the company.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation. The director's decision to defer delivery of shares could be interpreted as a neutral to slightly positive signal, indicating confidence in the company's future.

Future Outlook

The vested shares will be delivered to the reporting person when the reporting person ceases to provide services to the Issuer or upon a change of control of the Issuer.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the holdings and transactions of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider ownership.
• The deferral of shares may signal confidence in the company's future performance.

Key Dates