Stock Trades with Microvision Insiders

Form 4 Filings On November 18, 2013

November 19th, 2013 
by Dawn Goetter

We have had a number of calls today regarding several Form 4’s that were filed with the SEC yesterday by MicroVision. There seems to be confusion and a mis-impression that company executives sold shares when in fact the opposite is true.

The Form 4’s filed on Monday were the result of a tranche of restricted stock unit (RSU) awards vesting on November 15, 2013. The vesting of these shares creates a tax withholding obligation. Each officer surrendered to the Company a number of shares with a value that equals the tax obligation. No shares were sold by the officers. Disclosure codes (F and D) on these Form 4s indicate that there was a payment of tax liability by the executive delivering stock to the Company upon vesting of the RSU. In addition, there was a footnote on the Form 4 that stated: “Shares were withheld for payment of $___ tax liability on the vesting of a restricted stock unit award.”

Separately, the trading window for MicroVision employees just opened following the issuance of last week’s Q3 financial results press release. Alex Tokman, our CEO, purchased 20,000 shares today in the open market. His purchase is reflected on a Form 4 disclosure filing made today.

If you still have questions regarding these transactions, please let us know by email ir@microvsion.com or call us at 425 882 6629.

- See more at: http://microvision.com/displayground/uncategorized/form-4-filings-on-november-18-2013/#sthash.cqgnqyBh.dpuf


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Interesting Day.

Apple buys company behind Kinect technology: Report

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 Published: Sunday, 17 Nov 2013 | 2:35 PM ET

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Devin Coldewey | NBC News

The Kinect unit itself, with microphone, time-of-flight unit, and traditional camera.

Apple has bought PrimeSense, an Israeli maker of chips that enable three-dimensional (3D) machine vision, for $345 million, the Calcalist financial newspaper reported on Sunday without citing sources.

PrimeSense has raised $85 million from Israeli and U.S. venture capital funds such as Canaan Partners Global, Gemini Israel and Genesis Partners, Calcalist said.

"We are focused on building a prosperous company while bringing 3D sensing and natural interaction to the mass market in a variety of markets such as interactive living room and mobile devices," a spokeswoman for PrimeSense said. "We do not comment on what any of our partners, customers or potential customers are doing and we do not relate to rumors or recycled rumors."

PrimeSense's sensing technology, which gives digital devices the ability to observe a scene in three dimensions, was used to help power Microsoft's Xbox Kinect.

The acquisition of PrimeSense would be Apple's second purchase of an Israeli company. It bought flash storage chip maker Anobit in January 2012.

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And these folks were involved with this... note the PicoP on the shoulder.

Auto-Parts Industry Thrives by Shift to High Tech Gear

Eight years ago, auto-parts maker Delphi Corp.'s bankruptcy filing heralded the storm that would engulf the U.S. auto industry and drive some of its biggest names into Chapter 11.

Now leaner and profitable, a renamed Delphi Automotive DLPH +1.93% PLC is back and again leading the way—this time toward a healthy automotive industry built on high-tech electronics, software and fuel-efficiency-boosting products.

The Troy, Mich., company's return on invested capital is 34%, nearly double the 18% industry average. It reported a profit of $1.08 billion last year, compared with a loss of $4.75 billion in 2004, the year before it filed for bankruptcy.

The biggest factor in its turnaround: Delphi is steering away from low-margin steering wheels, ball bearings and spark plugs to technologically complex products, especially "active safety products," such as adaptive cruise control, lane-departure warning systems and front and rear cameras, which help prevent accidents. The company also is working on technology that allows a vehicle to see and react to objects, signs and pedestrians....

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Penbook

Penbook

The PDF document linked at the end is also very interesting.

excerpt:
"IMPLEMENTATION
In the following, we first introduce the custom-built hardware setup and its components. Second, we detail the software architecture and integrated components. As there is currently no available slate device which features a built-in projector and paper-like cover, we designed and built such a system consisting of four main components which are described in the following:

1) A tablet computer (Motorola Zoom 2) that serves as the upright touch screen.
2) A smartphone (Samsung Galaxy SII) connected to a laser pico-projector (Microvision ShowWx+ HDMI) in order to control the projected screen and its content. The optical path of the projection passes two mirrors in order to increase its overall length. Despite the low brightness of the projector, the projection can be seen very well in standard indoor lighting due to the short distance to the projection surface and the innate sharp focus of the laser projector.
3) An Anoto pen, which supports hand-written input on paper equipped with a specific pattern. The pen does not dispense ink; instead, strokes made with the pen are projected on the paper. The pen tracks the Anoto pattern on the paper to track its position on the projection screen using a built in infrared camera. The information is sent via Bluetooth to the mobile phone. We reverse-engineered the communication protocol of the pen and wrote a driver to connect the digital pen to Android that allows fine-grained control over its features. Additionally, a capacitive cap was added to enable pen-touch input on the touch screen. The above mentioned components are integrated into an aluminum case with a flexible stand and a foldable cover that contains the projection screen.

The commercial availability of projector phones (e.g. Samsung Galaxy Beam) indicates that that device could be built in a form factor similar to standar slate devices. The Penbook software components are jointly distributed between the devices."




http://www.uni-ulm.de/fileadmin/website_uni_ulm/iui.inst.100/institut/Papers/Prof_Rukzio/2013/its128na-winkler.pdf