QUICKLOGIC Corp — Director's Dealing 2020

Sep 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUICKLOGIC Corp (QUIK)
CIK: 0000882508
Period of Report: 2020-09-08

Reporting Person: SAXE TIMOTHY (Sr. VP and CTO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-08	Common Stock	M	664	—	Acquired	14791	Direct
2020-09-08	Common Stock	F	224	$3.01	Disposed	14567	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-08	Restricted Stock Unit	$0	M	664	Disposed		Common Stock (664)	Direct

Footnotes

F1: 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.

F2: Each RSU represents a contingent right to receive one share of the Issuer's common stock.

F3: The RSUs will vest as to 25% of the total number of shares subject to the award on the first anniversary of the Grant Date, and as to 1/8th of the total number of shares subject to the award every six months thereafter, subject to the individual's continued service on each vesting date.