Geoffrey E. Heekin - 14 Dec 2023 Form 4 Insider Report for Shimmick Corp (SHIM)

Role
Director
Signature
/s/ Devin J. Nordhagen, Power of Attorney for Geoffrey E. Heekin
Issuer symbol
SHIM
Transactions as of
14 Dec 2023
Transactions value $
$0
Form type
4
Filing time
15 Dec 2023, 16:05:16 UTC
Previous filing
13 Nov 2023
Next filing
18 Jun 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SHIM Restricted Stock Units Award $0 -24.5K -50% $0.00 24.5K 14 Dec 2023 Common Stock 24.5K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") convert into common stock on a one-for-one basis.
F2 The RSUs will vest in full and settle into shares of common stock on the later of (i) June 14, 2024 or (ii) the date of next annual meeting of the Issuer's stockholders, subject to Reporting Person's continued service through such date.