Michael McCormack - 21 Jul 2023 Form 4 Insider Report for CPS TECHNOLOGIES CORP/DE/ (CPSH)

Role
former CEO
Signature
Michael McCormack
Issuer symbol
CPSH
Transactions as of
21 Jul 2023
Net transactions value
-$138,201
Form type
4
Filing time
24 Jul 2023, 11:07:39 UTC
Previous filing
05 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPSH Common Stock Options Exercise $109,200 +40,000 +100% $2.73 80,000 21 Jul 2023 Direct
transaction CPSH Common Stock Options Exercise $29,000 +10,000 +12% $2.90 90,000 21 Jul 2023 Direct
transaction CPSH Common Stock Tax liability $138,201 -47,329 -53% $2.92 42,671 21 Jul 2023 Direct

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 CPSH Common Stock Options Options Exercise $109,200 -40,000 -80% $2.73 10,000 21 Jul 2023 Common Stock 40,000 $2.73 Direct
transaction CPSH Common Stock Options Options Exercise $29,000 -10,000 -100% $2.90 0 21 Jul 2023 Common Stock 10,000 $2.90 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael McCormack is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Remarks:

185,000 unvested options forfeited upon termination of employment