MicroVision director exercises 22,007 RSUs
MICROVISION, INC. director Jada Smith exercised vested restricted stock units, receiving 22,007 shares of common stock on a unit-for-share basis without payment.
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Form Type
4
Rhea-AI Filing Summary
MICROVISION, INC. director Jada Smith exercised vested restricted stock units, receiving 22,007 shares of common stock on a unit-for-share basis without payment. These shares came from restricted stock units that vested and converted into common stock. After the transaction, she directly holds 176,550 common shares.
Insider Trade Summary
22,007 shares exercised/converted
Exercise
2 txns
Insider
Smith Jada
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 22,007 | $0.00 | $0.00 |
| Exercise | Common Stock | 22,007 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 176,550 shares (Direct)
Footnotes (3)
- F1. Vested restricted stock units, or RSUs, were distributed to the Reporting Person, without payment, in shares of common stock on a unit-for-share basis.
- F2. At vesting, converts into shares of common stock on a unit-for-share basis.
- F3. RSUs granted 06/06/2025 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 2026 Annual Meeting of Stockholders, provided that the reporting person continues to serve as a director through each vesting date. The Form 4 filed on 06/06/2025 incorrectly reported the total RSUs granted on 06/05/2025 as 87,462 RSUs instead of the correct amount of 88,208 RSUs. The vesting reported herein was calculated based on the correct amount of 88,028 RSUs.
Key Figures
RSUs converted: 22,007 shares
Shares received price: $0.0000 per share
Holdings after transaction: 176,550 shares
+1 more
4 metrics
RSUs converted
22,007 shares
Restricted stock units vested and distributed as common stock
Shares received price
$0.0000 per share
Conversion price for 22,007 RSUs to common stock
Holdings after transaction
176,550 shares
Total direct MicroVision common shares held by Jada Smith after exercise
RSUs remaining from this grant
0 units
Restricted stock units line shows zero remaining after the reported vesting
Key Terms
Restricted Stock Units, unit-for-share basis, vest, Annual Meeting of Stockholders
4 terms
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"Vested restricted stock units, or RSUs, were distributed to the Reporting Person"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Annual Meeting of Stockholders financial
"until fully vested on the earlier of the first anniversary of the grant date or the day prior to the Issuer's 2026 Annual Meeting of Stockholders"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MICROVISION (MVIS) director Jada Smith report?
Jada Smith reported an exercise of restricted stock units, receiving 22,007 shares of MicroVision common stock. The RSUs vested and converted into shares on a unit-for-share basis without any cash payment, reflecting routine equity compensation rather than an open-market purchase or sale.
What do the vested restricted stock units for MICROVISION (MVIS) convert into?
The vested restricted stock units convert into MicroVision common stock on a one-for-one, unit-for-share basis. In this filing, 22,007 RSUs vested and were distributed as 22,007 shares of common stock to Jada Smith without any cash exercise price paid.
Was there any remaining derivative position after Jada Smith’s MICROVISION (MVIS) RSU exercise?
For the reported restricted stock units in this Form 4, the remaining derivative position is shown as zero after vesting and conversion. The RSU line indicates 22,007 units exercised with 0 units remaining, and the derivative summary section shows no continuing derivative holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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