Mark Litecky - 11 Aug 2023 Form 4 Insider Report for SkyWater Technology, Inc (SKYT)

Role
Chief Revenue Officer
Signature
/s/ Christopher Hilberg, Attorney-in-Fact
Issuer symbol
SKYT
Transactions as of
11 Aug 2023
Transactions value $
-$532,673
Form type
4
Filing time
15 Aug 2023, 18:18:41 UTC
Previous filing
15 May 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 Sale -$433K -61.5K -14.55% $7.04 361K 11 Aug 2023 Direct F1, F2
transaction SKYT Common Stock Sale -$99.6K -13.7K -3.8% $7.26 347K 14 Aug 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of restricted stock units. Such "sales to cover" are mandated by the Issuer's equity incentive plan to satisfy tax withholding obligations and do not represent a discretionary trade by the reporting person.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $6.91 to $7.28, inclusive.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $6.91 to $7.44, inclusive.