CPS TECHNOLOGIES CORP/DE/ — Director's Dealing 2021

Mar 24, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CPS TECHNOLOGIES CORP/DE/ (CPSH)
CIK: 0000814676
Period of Report: 2021-03-22

Reporting Person: Peregrine Financial Corp (10% Owner)
Reporting Person: Peregrine Trust Company, LLC (10% Owner)
Reporting Person: Peregrine Holdings LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-22	Common Stock	S	6798	$15.3214	Disposed	809096	Indirect
2021-03-22	Common Stock	S	6798	$15.3214	Disposed	807035	Indirect
2021-03-23	Common Stock	S	1259	$14.4238	Disposed	807837	Indirect
2021-03-23	Common Stock	S	1259	$14.4238	Disposed	805776	Indirect

Footnotes

F1: On March 22, 2021, CMS Holdings, L.L.C. ("CMS Holdings") sold 6,798 shares. Peregrine Financial Corporation ("PFC") provides administrative support services to Peregrine Trust Company, LLC ("PTC"), which is the trustee of MSC Trust (Trust u/w dtd 12/12/96 Michael S. Currier (Art 8th) fbo Karin A. Griscom) ("MSC Trust") and Stephen R. Currier Continuing Trust Under Article Seventh of the Last Will and Testament of Michael S. Currier fbo Ailsa Christina Griscom Currier and her descendants ("SRC Trust"). CMS Holdings is wholly owned by MSC Trust. For its services, PFC receives a fixed fee not based on the performance of the shares, which fee is exempt pursuant to Rule 16a-1(a)(2) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and therefore has no pecuniary interest in the shares.

F2: Represents 807,036 shares held directly by CMS Holdings and 2,060 shares held directly by SRC Trust.

F3: On March 22, 2021, Peregrine Holdings, LLC ("Peregrine Holdings") sold 6,798 shares. PFC provides administrative support services to Peregrine Holdings and for its services receives a fixed fee not based on the performance of the shares, which fee is exempt pursuant to Rule 16a-1(a)(2) of the Exchange Act, and therefore has no pecuniary interest in the shares.

F4: Represents 807,035 shares held directly by Peregrine Holdings.

F5: On March 23, 2021, CMS Holdings sold 1,259 shares.

F6: Represents 805,777 shares held directly by CMS Holdings and 2,060 shares held directly by SRC Trust.

F7: On March 23, 2021, Peregrine Holdings sold 1,259 shares.

F8: Represents 805,776 shares held directly by Peregrine Holdings.

F9: The reporting persons disclaim that they may be deemed to be acting in a "group" as that term is used in Rule 13d-5 of the Exchange Act.