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

Role
former CEO
Signature
Michael McCormack
Stock symbol
CPSH
Transactions as of
Jul 21, 2023
Transactions value $
-$138,201
Form type
4
Date filed
7/24/2023, 11:07 AM
Previous filing
Aug 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPSH Common Stock Options Exercise $109K +40K +100% $2.73 80K Jul 21, 2023 Direct
transaction CPSH Common Stock Options Exercise $29K +10K +12.5% $2.90 90K Jul 21, 2023 Direct
transaction CPSH Common Stock Tax liability -$138K -47.3K -52.59% $2.92 42.7K Jul 21, 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 -$109K -40K -80% $2.73 10K Jul 21, 2023 Common Stock 40K $2.73 Direct
transaction CPSH Common Stock Options Options Exercise -$29K -10K -100% $2.90 0 Jul 21, 2023 Common Stock 10K $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