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Silvaco Group, Inc. — Director's Dealing 2024
May 9, 2024
33865_dirs_2024-05-08_02e5cbd5-7944-44b7-b33c-cf22b31434da.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: Molloie William H. Jr. (Director)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 16171 | 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 7,500 RSUs granted on August 26, 2022, with a vesting start date of May 12, 2022, 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 5,625 shares. The time-based vesting requirement will be satisfied with respect to an additional 1,875 shares on June 30, 2024, subject to the reporting person's continuous service through such date.
F3: Includes an award of 8,671 RSUs granted on August 24, 2023, with a vesting start date of May 5, 2023, 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. The time-based vesting requirement will be satisfied with respect to all 8,671 RSUs on June 30, 2024, subject to the reporting person's continuous service through such date.