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QUICKLOGIC Corp — Director's Dealing 2014
Feb 18, 2014
34204_dirs_2014-02-18_3de78226-b6f5-49c0-b0ec-58fe8882f23e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: QUICKLOGIC CORPORATION (QUIK)
CIK: 0000882508
Period of Report: 2014-02-13
Reporting Person: HART E THOMAS (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-13 | Common Stock | M | 23627 | — | Acquired | 181060 | Direct |
| 2014-02-13 | Common Stock | M | 176691 | $2.75 | Acquired | 357751 | Direct |
| 2014-02-13 | Common Stock | S | 176691 | $5.00 | Disposed | 181060 | Direct |
| 2014-02-13 | Common Stock | M | 47552 | $3.02 | Acquired | 228612 | Direct |
| 2014-02-13 | Common Stock | S | 47552 | $5.0045 | Disposed | 181060 | Direct |
| 2014-02-13 | Common Stock | M | 24748 | $3.02 | Acquired | 205808 | Direct |
| 2014-02-13 | Common Stock | S | 24748 | $5.00 | Disposed | 181060 | Direct |
| 2014-02-14 | Common Stock | M | 107700 | $3.02 | Acquired | 288760 | Direct |
| 2014-02-14 | Common Stock | S | 107700 | $5.0009 | Disposed | 181060 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-13 | Restricted Stock Unit | $0 | A | 23627 | Acquired | Common Stock (23627) | Direct | |
| 2014-02-13 | Restricted Stock Units | $0 | M | 23627 | Disposed | Common Stock (23627) | Direct | |
| 2014-02-13 | Non Qualified Stock Option | $2.75 | M | 176691 | Disposed | 2014-10-27 | Common Stock (176691) | Direct |
| 2014-02-13 | Non Qualified Stock OPtion | $3.02 | M | 47552 | Disposed | 2016-11-21 | Common Stock (47552) | Direct |
| 2014-02-13 | Incentive Stock Option | $3.02 | M | 24748 | Disposed | 2016-11-21 | Common Stock (24748) | Direct |
| 2014-02-14 | Incentive Stock Option | $3.02 | M | 107700 | Disposed | 2016-11-21 | Common Stock (107700) | Direct |
Footnotes
F1: Vesting of Restricted Stock Units ("RSUs") granted to the reporting person on February 13, 2014.
F2: Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3: 100% of the RSUs vest on the grant date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.
F4: The transactions reported on this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on June 4, 2013.
F5: Represents the aggregate of sales effected on the same day.
F6: Represents the weighted average sales price per share. The shares sold at prices ranging from $5.00 to $5.02. Full information regarding the number of shares sold at reach price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the issuer.
F7: All shares sold at an exact price.
F8: The stock option granted is 100% vested and immediately exercisable.