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QUICKLOGIC Corp — Director's Dealing 2021
Feb 23, 2021
34204_dirs_2021-02-22_8ade3c1b-708e-4952-9a34-e8bb66b18c11.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: QUICKLOGIC Corp (QUIK)
CIK: 0000882508
Period of Report: 2021-01-14
Reporting Person: SAXE TIMOTHY (Sr. VP and CTO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-14 | Common Stock | M | 1152 | $0.00 | Acquired | 15719 | Direct |
| 2021-01-14 | Common Stock | F | 474 | $4.34 | Disposed | 15245 | Direct |
| 2021-01-14 | Common Stock | M | 32667 | $0.00 | Acquired | 47912 | Direct |
| 2021-01-14 | Common Stock | F | 12638 | $4.34 | Disposed | 35274 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-14 | Restricted Stock Units | $0.00 | A | 1152 | Acquired | 2021-01-14 | Common Stock (1152) | Direct |
| 2021-01-14 | Restricted Stock Units | $0.00 | M | 1152 | Disposed | 2021-01-14 | Common Stock (1152) | Direct |
| 2021-01-14 | Performance Stock Units | $0.00 | A | 32667 | Acquired | 2021-01-14 | Common Stock (32667) | Direct |
| 2021-01-14 | Performance Stock Units | $0.00 | M | 32667 | Disposed | 2021-01-14 | Common Stock (32667) | 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: Performance stock units were vested based on the achievement of performance goals on January 14, 2021 as of December 31, 2020.
F4: Reflects a reduced number of shares withheld to cover taxes.