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Silvaco Group, Inc. — Director's Dealing 2024
May 10, 2024
33865_dirs_2024-05-09_a02bf763-b724-4454-8396-ff6fdd347877.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Silvaco Group, Inc. (SVCO)
CIK: 0001943289
Period of Report: 2024-05-08
Reporting Person: Hancock Mark Steven (See Remarks)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1500 | Direct |
Footnotes
F1: Each restricted stock unit ("RSUs") represents a contingent right to receive one share of Silvaco Group, Inc. common stock. The amount of securities reported on this Form 3 has been adjusted to
reflect a 1-for-2 reverse stock split, which became effective with the State of Delaware on April 29, 2024 in connection with the Issuer's initial public offering (the "IPO").
F2: Includes an award of 500 RSUs granted on May 24, 2021, with a vesting start date of January 1, 2021, under the Silvaco Group, Inc. Amended and Restated 2014 Stock Incentive Plan (the "2014
Plan") that are subject to both a time-based vesting requirement and a liquidity event vesting requirement. The liquidity event vesting requirement will be met upon the consummation of the IPO.
Upon the closing of the IPO, the time-based vesting requirement will be satisfied with respect to 406 shares. The remaining shares will satisfy the time-based vesting requirement in equal quarterly
installments from July 1, 2024 to January 1, 2025.
F3: Includes an award of 1,000 RSUs granted on April 22, 2022, with a vesting start date of January 1, 2022, under the 2014 Plan that are subject to both a time-based vesting requirement and a liquidity
event vesting requirement. The liquidity event vesting requirement will be met upon the consummation of the IPO. Upon the closing of the IPO, the time-based vesting requirement will be satisfied with respect to 562 shares. The remaining shares will satisfy the time-based vesting requirement in equal quarterly installments from July 1,2024 to January 1, 2026.