CMI Oxbow Partners, LLC - 02 Sep 2022 Form 4 Insider Report for SkyWater Technology, Inc (SKYT)

Signature
/s/ Loren Unterseher
Issuer symbol
SKYT
Transactions as of
02 Sep 2022
Net transactions value
$0
Form type
4
Filing time
02 Sep 2022, 16:08:53 UTC
Previous filing
21 Dec 2021
Next filing
14 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKYT Common Stock Other $0 -5,299,080 -19% $0.000000 22,260,324 02 Sep 2022 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pro rata distribution from CMI Oxbow Partners, LLC to a non-managing member for no consideration.
F2 In addition to CMI Oxbow Partners, LLC ("CMI"), this Form 4 is being filed jointly with Oxbow Industries, LLC ("Oxbow" and, together with CMI, the "Reporting Person"), which has the same address as CMI and may be deemed to have a pecuniary interest in the securities reported on this Form 4 (the "Reported Securities"). Loren A. Unterseher, Managing Partner of Oxbow and President of CMI, may also be deemed to have a pecuniary interest in the Reported Securities and has elected to submit filings pursuant to Section 16(a) on an individual basis.
F3 Oxbow, as the majority member of CMI, may be deemed to be the beneficial owner of the Reported Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. Oxbow disclaims beneficial ownership of the Reported Securities, except to the extent of any pecuniary interest therein.
F4 Mr. Unterseher was initially elected to the board of directors of the Issuer as a representative of the Reporting Persons. As a result, each of the other Reporting Persons may be directors by deputization for purposes of Section 16 of the Securities Exchange Act of 1934.