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QUICKLOGIC Corp Director's Dealing 2019

Aug 13, 2019

34204_dirs_2019-08-13_306a61dc-cc47-41eb-8e40-c9f1529b0f55.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUICKLOGIC Corp (QUIK)
CIK: 0000882508
Period of Report: 2019-08-10

Reporting Person: Cheung Suping (Sue) (VP Finance and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-08-10 Common Stock M 9542 Acquired 101467 Direct
2019-08-10 Common Stock F 3214 $.3292 Disposed 98253 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-08-10 Restricted Stock Unit $0 M 9542 Disposed Common Stock (9542) Direct

Footnotes

F1: Vesting of Restricted Stock Units (RSUs) granted to the Reporting Person on August 10, 2017.

F2: 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.

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

F4: 25% of the RSUs vested on 08/10/2018, one year from the grant date. The balance of the shares vest 12.5% every six months. Shares of the Issuers common stock will be delivered to the Reporting Person upon vesting.