QUICKLOGIC Corp — Director's Dealing 2014

Feb 18, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUICKLOGIC CORPORATION (QUIK)
CIK: 0000882508
Period of Report: 2014-02-13

Reporting Person: PEASE ANDREW J (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-13	Common Stock	M	25135	—	Acquired	66266	Direct
2014-02-13	Common Stock	F	9446	$4.82	Disposed	56820	Direct
2014-02-13	Common Stock	M	15703	$2.85	Acquired	72523	Direct
2014-02-13	Common Stock	S	15703	$5.00	Disposed	56820	Direct
2014-02-13	Common Stock	M	14913	$2.85	Acquired	71733	Direct
2014-02-13	Common Stock	S	14913	$5.00	Disposed	56820	Direct
2014-02-13	Common Stock	M	11460	$.90	Acquired	68280	Direct
2014-02-13	Common Stock	S	11460	$5.00	Disposed	56820	Direct
2014-02-13	Common Stock	M	13540	$.90	Acquired	70360	Direct
2014-02-13	Common Stock	S	13540	$5.00	Disposed	56820	Direct
2014-02-13	Common Stock	M	17522	$1.63	Acquired	74342	Direct
2014-02-13	Common Stock	S	17522	$5.00	Disposed	56820	Direct
2014-02-13	Common Stock	M	32478	$1.63	Acquired	89298	Direct
2014-02-13	Common Stock	S	32478	$5.00	Disposed	56820	Direct
2014-02-13	Common Stock	M	29166	$2.78	Acquired	85986	Direct
2014-02-13	Common Stock	S	29166	$5.0074	Disposed	56820	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-13	Restricted Stock Unit	$0	A	25135	Acquired		Common Stock (25135)	Direct
2014-02-13	Restricted Stock Units	$0	M	25135	Disposed		Common Stock (25135)	Direct
2014-02-13	Incentive Stock Option	$2.85	M	15703	Disposed	2016-11-08	Common Stock (15703)	Direct
2014-02-13	Non Qualified Stock Option	$2.85	M	14913	Disposed	2016-11-08	Common Stock (14913)	Direct
2014-02-13	Incentive Stock Option	$.90	M	11460	Disposed	2018-10-22	Common Stock (11460)	Direct
2014-02-13	Non Qualified Stock Option	$.90	M	13540	Disposed	2018-10-22	Common Stock (13540)	Direct
2014-02-13	Incentive Stock Option	$1.63	M	17522	Disposed	2019-04-08	Common Stock (17522)	Direct
2014-02-13	Non Qualified Stock Option	$1.63	M	32478	Disposed	2019-04-08	Common Stock (32478)	Direct
2014-02-13	Non Qualified Stock Option	$2.78	M	29166	Disposed	2020-06-09	Common Stock (29166)	Direct

Footnotes

F1: Vesting of Restricted Stock Units ("RSUs") granted to the reporting person on February 13, 2014.

F2: Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of on this line were relinquished by the Reporting person and cancelled by the issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting person resulting from the vesting of the RSUs.

F3: Each RSU represents a contingent right to receive one share of the Issuer's common stock.

F4: 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.

F5: 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.

F6: Represents the aggregate of sales effected on the same day.

F7: Represents the weighed average sales price per share. The shares sold at prices ranging from $5.00 to $5.011. Full information regarding the number of shares sold at each 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.

F8: All shares sold at an exact price.

F9: The stock option grant is 100% vested and immediately exercisable.