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QUICKLOGIC Corp Director's Dealing 2018

Jun 20, 2018

34204_dirs_2018-06-19_7b30edd4-b9bd-440a-91e2-b308854df6ee.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: 2018-06-18

Reporting Person: Faith Brian C (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-06-18 Common Stock M 1100 Acquired 42429 Direct
2018-06-18 Common Stock F 371 $1.21 Disposed 42058 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-06-18 Restricted Stock Unit $0 M 1100 Disposed Common Stock (1100) Direct

Footnotes

F1: Each RSU represents a contingent right to receive one share of the Issuer's common stock.

F2: 25% of the RSUs vested on 12/18/2015, one year from the grant date. The balance of the shares vest 12.5% every six months beginning on June 18, 2016. Shares of the Issuers common stock will be delivered to the Reporting Person upon vesting.

F3: Exempt transaction pursuant to Section 16b3(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 16b3. 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.

F4: Vesting of Restricted Stock Units (RSUs) granted to the Reporting Person on December 18, 2014.