Company: MVIS
Filing Date: 2025-04-18
Form Type: PRE 14A
Source: 0001641172-25-005410
Chunk: 64

Company: MICROVISION, INC.
Filing Date: 2025-04-18
Form: PRE 14A
Chunk 64
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                                                                 |   471,600 |
|                 |     | 6/4/2024      |     |                                                                     |        |     |                                                                       |   |     |                           |      |     |                        |           |     |                                                         |   186,250 | -3 |     | $                                                                 |   243,988 |

| 40 |

| (1) | The following percentages of PRSUs will become eligible to vest if the closing price of our common stock reaches or exceeds the stated price thresholds for at least 20 consecutive trading days during the performance period through December 31, 2025: 10% at $12.00, 30% at $18.00, 30% at $24.00, and 30% at $36.00. If the performance goals are met no later than December 31, 2025, the portion of the PRSUs deemed earned will become subject to time-based vesting in equal quarterly installments over two years starting from the date on which the goal is achieved. |
| (2) | The RSUs are scheduled to vest ratably over three years on each of anniversary of the grant date, with each such vesting event subject to continued service to MicroVision on the respective vesting date.                                                                                                                                                                                                                                                                                                                                                                        |
| (3) | The RSUs are scheduled to vest on the one-year anniversary of grant, subject to achievement of certain financial and individual management objectives pursuant to the 2024 Executive Bonus Plan. The Board/Compensation Committee has not yet made performance determinations for such bonuses, but expects to do so by the end of the second quarter of 2025.                                                                                                                                                                                                                    |
| (4) | The RSUs are scheduled to vest on November 16, 2025, subject to continued service to MicroVision on the vesting date.                                                                                                                                                                                                                                                                                                                                                                                                                                                             |

Option Exercises and Stock Vested

The following table provides information regarding
options exercised and restricted stock unit awards vested for our named executive officers during the fiscal year ended December 31, 2024.

| Name            |     | Option Awards                             
 Number of Shares Acquired on Exercise (#) |   |     | Value Realized on Exercise ($) (3) |   |     | Stock Awards                                 
 Number of Shares Acquired on Vesting (#) (1) |         |     | Value Realized on Vesting ($) (2) |         |
|:----------------|:----|:------------------------------------------|:--|