Executive Devin J. Nordhagen - 13 Nov 2023 Form 3 Insider Report for Shimmick Corp (SHIM)

Role: Executive Vice President, Chief Financial Officer
Signature: /s/ Devin J. Nordhagen, Executive Vice President, Chief Financial Officer
Issuer symbol: SHIM
Transactions as of: 13 Nov 2023
Net transactions value: $0
Form type: 3
Filing time: 13 Nov 2023, 20:58:37 UTC
SEC: View on sec.gov

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
holding	SHIM	Stock Options (Right to Buy)							13 Nov 2023	Common Stock	1,191,291	$1.26	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Twenty-five percent (25%) of the stock options vested on May 6, 2022, and the remainder vests in thirty-six substantially equal monthly installments on the last day of each full calendar month following May 6, 2022. Prior to the date of the event requiring the filing of this Form 3,471,551 of these stock options had vested.
F2	Reflects a 2.7386-for-1 forward stock split effected by the Issuer on October 23, 2023 prior to the effectiveness of the Issuer's Registration Statement on Form S-1.

Remarks:

Executive Vice President, Chief Financial Officer