Christopher Hilberg - 08 Dec 2023 Form 4 Insider Report for SkyWater Technology, Inc (SKYT)

Signature
/s/ Steve Manko, Attorney-in-Fact
Issuer symbol
SKYT
Transactions as of
08 Dec 2023
Transactions value $
-$8,783
Form type
4
Filing time
12 Dec 2023, 17:16:50 UTC
Previous filing
17 Mar 2023
Next filing
20 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKYT Common Stock Sale -$1,760 -217 -0.79% $8.12 27,297 08 Dec 2023 Direct F1, F2
transaction SKYT Common Stock Sale -$7,022 -868 -3.18% $8.09 26,429 11 Dec 2023 Direct F1
* 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 $8.11 to $8.115, inclusive.