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

Role
Chief Revenue Officer
Signature
/s/ Christopher Hilberg, Attorney-in-Fact
Issuer symbol
SKYT
Transactions as of
01 Jun 2022
Transactions value $
$0
Form type
3
Filing time
21 Jun 2022, 17:25:13 UTC
Next filing
13 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SKYT Common Stock 520K 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 33.8K $14.00 Direct F2
holding SKYT Options to Acquire Common Stock 01 Jun 2022 Common Stock 40.5K $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 387,998 Restricted Stock Units (RSUs) that are unvested. Contingent on the reporting person's continuation in service on each applicable vesting date, 179,145 RSUs will vest on 7/1/2022, 179,145 RSUs will vest on 7/1/2023, 5,178 RSUs will vest on 4/21/2023, 5,180 RSUs will vest on 4/21/2024, 6,450 RSUs will vest on 2/25/2023, 6,450 RSUs will vest on 2/25/2024, and 6,450 RSUs will vest on 2/25/2025.
F2 Includes 8,443 options that vested on 4/20/2022. Contingent on the reporting person's continuation in service on each applicable vesting date, 8,443 options will vest on 4/20/2023, 8,443 options will vest on 4/20/2024, and 8,444 options will vest on 4/20/2025.
F3 Contingent on the reporting person's continuation in service on each applicable vesting date, 10,125 options will vest on 2/25/2023, 10,125 options will vest on 2/25/2024, 10,125 options will vest on 2/25/2025, and 10,127 options will vest on 2/25/2026.

Remarks:

Exhibit 24 Power of Attorney attached.