Loren A. Unterseher - Sep 26, 2023 Form 4 Insider Report for SkyWater Technology, Inc (SKYT)

Role
Director, 10%+ Owner
Signature
/s/ Loren A. Unterseher
Stock symbol
SKYT
Transactions as of
Sep 26, 2023
Transactions value $
$0
Form type
4
Date filed
10/20/2023, 05:03 PM
Previous filing
Jul 5, 2023
Next filing
Oct 3, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKYT Common Stock Other $0 -4.59M -23.5% $0.00 14.9M Sep 26, 2023 Direct F1, F2, F3
transaction SKYT Common Stock Other $0 +4.55M $0.00 4.55M Sep 26, 2023 Direct F1, F4
transaction SKYT Common Stock Other $0 +45.9K $0.00 45.9K Sep 26, 2023 By revocable trust F1
transaction SKYT Common Stock Other $0 -4.55M -99.01% $0.00 45.5K Sep 27, 2023 Direct F4, F5
transaction SKYT Common Stock Other $0 +3.66M +7980.95% $0.00 3.71M Sep 27, 2023 By revocable trust F5
transaction SKYT Common Stock Other $0 +181K +12300.61% $0.00 182K Sep 27, 2023 By family irrevocable trust F5
transaction SKYT Common Stock Other $0 +164K +11082.14% $0.00 165K Sep 27, 2023 By trust for benefit of son F5, F6
transaction SKYT Common Stock Other $0 +164K +11082.14% $0.00 165K Sep 27, 2023 By trust for benefit of son F5, F7
transaction SKYT Common Stock Other $0 +164K +11089.64% $0.00 165K Sep 27, 2023 By trust for benefit of daughter F5, F8
transaction SKYT Common Stock Other $0 +164K +11089.64% $0.00 165K Sep 27, 2023 By trust for benefit of daughter F5, F9
transaction SKYT Common Stock Gift $0 -3.71M -100% $0.00* 0 Sep 28, 2023 By revocable trust F10
transaction SKYT Common Stock Gift $0 +3.71M $0.00 3.71M Sep 28, 2023 By 2023 grantor retained annuity trust F10
transaction SKYT Common Stock Other $0 -45.5K -99.99% $0.00 4 Sep 28, 2023 See footnote F4, F5
transaction SKYT Common Stock Other $0 +45.5K $0.00 45.5K Sep 28, 2023 By spouse F5, F11
holding SKYT Common Stock 32.2K Sep 26, 2023 Direct F12
* 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 ("CMI") to its members for no consideration.
F2 Includes 736 additional shares identified by routine reconciliation of Reporting Person's ownership records.
F3 Mr. Unterseher is President of CMI Oxbow Partners, LLC ("CMI") and Managing Partner of Oxbow Industries, LLC ("Oxbow"), which is the majority member of CMI. CMI directly holds the shares of Common Stock reported in Column 5. As a result, he may be deemed to be the beneficial owner of, and to have a pecuniary interest in, such shares of Common Stock. Mr. Unterseher disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein.
F4 Oxbow directly holds the shares reported in Column 5.
F5 On September 27, 2023, Oxbow distributed all 4,545,900 shares previously received by pro rata distribution from CMI to its members for no consideration. Of the shares, 3,664,692 were transferred to the revocable trust.
F6 Includes 1,478 shares received upon dissolution of preexisting grantor retained annuity trust.
F7 Includes 1,478 shares received upon dissolution of preexisting grantor retained annuity trust.
F8 Includes 1,477 shares received upon dissolution of preexisting grantor retained annuity trust.
F9 Includes 1,477 shares received upon dissolution of preexisting grantor retained annuity trust.
F10 On September 28, 2023, the revocable trust contributed 3,710,610 shares to the 2023 GRAT.
F11 Excludes 370 shares erroneously reported as beneficially owned on prior ownership report.
F12 Shares owned directly by Mr. Unterseher.