Brendan J. Herron - Jun 6, 2024 Form 4 Insider Report for Shimmick Corp (SHIM)

Role
Director
Signature
/s/ Devin J. Nordhagen, Power of Attorney for J. Brendan Herron
Stock symbol
SHIM
Transactions as of
Jun 6, 2024
Transactions value $
$0
Form type
4
Date filed
6/18/2024, 06:39 PM
Previous filing
May 23, 2024
Next filing
Aug 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHIM Common Stock Options Exercise +24.5K +81.7% 54.5K Jun 14, 2024 Direct F1, 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 SHIM Restricted Stock Units Award $0 -84.3K -50% $0.00 84.3K Jun 6, 2024 Common Stock 84.3K Direct F1, F3
transaction SHIM Restricted Stock Units Options Exercise $0 -24.5K -100% $0.00* 0 Jun 14, 2024 Common Stock 24.5K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSUs convert into common stock on a one-for-one basis.
F2 The shares held by the Reporting Person are held in a joint account with the Reporting Person's spouse.
F3 The RSUs will vest in full and settle into shares of common stock on the date of the next annual meeting of the Issuer's stockholders, subject to Reporting Perons's continued service through such date.
F4 On December 14, 2023, the Reporting Person was granted 24,509 RSUs, vesting and settling upon the later of (i) June 14, 2024 or (ii) the date of next annual meeting of the Issuer's stockholders, in each case subject to Reporting Person's continued service through such date.