Amanda Daniel - 01 Jun 2022 Form 3 Insider Report for SkyWater Technology, Inc (SKYT)

Signature
/s/ Christopher Hilberg, Attorney-in-Fact
Issuer symbol
SKYT
Transactions as of
01 Jun 2022
Net transactions value
$0
Form type
3
Filing time
21 Jun 2022, 17:19:47 UTC
Next filing
21 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SKYT Common Stock 37,574 01 Jun 2022 Direct F1

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
holding SKYT Options to Acquire Common Stock 01 Jun 2022 Common Stock 13,410 $22.29 Direct F2
holding SKYT Options to Acquire Common Stock 01 Jun 2022 Common Stock 27,001 $11.24 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 37,574 Restricted Stock Units (RSUs) that are unvested. Contingent on the reporting person's continuation in service on each applicable vesting date, 2,056 RSUs will vest on 6/7/2022, 2,056 RSUs will vest on 6/7/2023, 2,056 RSUs will vest on 6/7/2024, 6,168 RSUs will vest on 8/6/2022, 6,168 RSUs will vest on 8/6/2023, 6,170 RSUs will vest on 8/6/2024, 4,300 RSUs will vest on 2/25/2023, 4,300 RSUs will vest on 2/25/2024, and 4,300 RSUs will vest on 2/25/2025.
F2 Contingent on the reporting person's continuation in service on each applicable vesting date, 3,352 options will vest on 6/7/2022, 3,352 options will vest on 6/7/2023, 3,352 options will vest on 6/7/2024, and 3,354 options will vest on 6/7/2025.
F3 Contingent on the reporting person's continuation in service on each applicable vesting date, 6,750 options will vest on 2/25/2023, 6,750 options will vest on 2/25/2024, 6,750 options will vest on 2/25/2025, and 6,751 options will vest on 2/25/2026.

Remarks:

Exhibit 24 Power of Attorney attached.