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SkyWater Technology, Inc — Director's Dealing 2022
Dec 19, 2022
32481_dirs_2022-12-19_805ac33d-8ebe-40f9-b7a3-4bb3f62f750e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SkyWater Technology, Inc (SKYT)
CIK: 0001819974
Period of Report: 2022-12-15
Reporting Person: SONDERMAN THOMAS (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-12-15 | Common Stock | S | 4050 | $8.404 | Disposed | 534740 | Direct |
Footnotes
F1: Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the issuance of Common Stock of the Issuer to the Reporting Person in satisfaction of a long-term incentive plan of the Issuer.
F2: The Reporting Person is subject to a lock-up agreement with the underwriter for the public offering of Common Stock by the Issuer for which the underwriting agreement was entered into on November 14, 2022. The transaction was pursuant to an exception to the lock-up agreement for sales solely to cover taxes due upon settlement of equity awards granted prior to the date of the lock-up agreement.
F3: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $8.26 to $8.56, inclusive.