Steve Manko - Feb 15, 2025 Form 4 Insider Report for SkyWater Technology, Inc (SKYT)

Role
CFO
Signature
/s/ Christopher Hilberg, Attorney-in-Fact
Stock symbol
SKYT
Transactions as of
Feb 15, 2025
Transactions value $
-$39,107
Form type
4
Date filed
2/20/2025, 07:30 PM
Previous filing
Apr 24, 2024
Next filing
Feb 27, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKYT Common Stock Tax liability -$39.1K -3.9K -1.11% $10.03 347K Feb 15, 2025 Direct F1
transaction SKYT Common Stock Award $0 +26.9K +7.77% $0.00 374K Feb 15, 2025 Direct F2

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
transaction SKYT Options to Acquire Common Stock Award $0 +36.9K $0.00 36.9K Feb 15, 2025 Common Stock 36.9K $10.03 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Issuer withheld shares of common stock that would have otherwise been issuable to the Reporting Person to satisfy the Issuers tax withholding obligations in connection with the vesting of restricted stock units previously reported by the Reporting Person in accordance with Rule 16b-3.
F2 Represents a grant of RSUs. The RSUs vest ratably on each of the first, second and third anniversaries of the grant date contingent on the reporting person's continuation in service on each applicable vesting date.
F3 The options vest ratably on each of the first, second, third and fourth anniversaries of the grant date contingent on the reporting person's continuation in service on each applicable vesting date.