Company: MVIS
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001641172-25-006436
Chunk: 17

Company: MICROVISION, INC.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 17
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 to approximately $100,000 based on the average closing price of our common stock over the 20 trading days preceding
the Annual Meeting of Shareholders. Those equity awards vest in equal quarterly installments, with the final installment vesting on the
earlier of the one-year anniversary of the grant date or the day before the next Annual Meeting. New directors do not receive a separate
initial fee or equity grant but receive cash and an equity grant on a pro rata basis depending on the director’s start date with
us.

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<div align='center'>CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE</div>

Other than compensation arrangements for our named executive officers and directors, there was no transaction or series of similar transactions, since January 1, 2024, to which we were a party or will be a party, in which: (i) the amounts involved exceeded or will exceed $120,000; and (ii) any of our directors, executive officers or holders of more than 5% of our capital stock, or any member of the immediate family of the foregoing persons, had or will have a direct or indirect material interest.

Policies and Procedures with Respect to Related Person Transactions

Under the Code of Conduct adopted by us, officers,
directors and employees must avoid even the appearance of a conflict of interest. Under the Code of Ethics for MicroVision Executives
we have adopted, all of our executive officers must report any material transaction or relationship that reasonably could be expected
to give rise to a conflict of interest. We also review questionnaires completed by all directors and executive officers for potential
“related-person transactions” between us and related persons. The Board’s Audit Committee is responsible for review,
approval, or ratification of related-person transactions. The Audit Committee determines whether the related person has a material interest
in a transaction and may approve, ratify, rescind, or take other action with respect to the transaction in its discretion.

<div align='center'>INFORMATION ABOUT MICROVISION COMMON STOCK</div>

Security Ownership of Certain Beneficial Owners and Management

The following table shows as of February 28, 2025
(the “table date”), the number of shares of our common stock beneficially owned by our directors and nominees, named executive
officers, and all directors and executive officers as a group and each person known by us to own beneficially more than 5% of our outstanding
common stock.

| Name of Benef