Steve Manko - 08 Dec 2021 Form 4 Insider Report for SkyWater Technology, Inc (SKYT)

Role
CFO
Signature
/s/ Jason Stokes, Attorney-in-Fact
Issuer symbol
SKYT
Transactions as of
08 Dec 2021
Transactions value $
-$1,325,720
Form type
4
Filing time
10 Dec 2021, 15:13:32 UTC
Next filing
01 Mar 2022
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 -$1.33M -73.3K -13.22% $18.09 481K 08 Dec 2021 Direct F1, F2
* 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 $17.55 to $18.56, inclusive.