Ural Yal - Dec 2, 2024 Form 4 Insider Report for Shimmick Corp (SHIM)

Role
Chief Executive Officer, Director
Signature
John Carpenter, Power of Attorney for Ural Yal
Stock symbol
SHIM
Transactions as of
Dec 2, 2024
Transactions value $
$0
Form type
4
Date filed
12/2/2024, 04:30 PM

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 +180K $0.00 180K Dec 2, 2024 Common Stock 180K Direct F1, F2
transaction SHIM Restricted Stock Units Award $0 +270K $0.00 270K Dec 2, 2024 Common Stock 270K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 (1) RSUs convert into common stock on a one-for-one basis.
F2 (2) The RSUs will vest in full and settle into shares of common stock on December 2, 2025, subject to Reporting Person's continued service through such date.
F3 (3) The RSUs will vest in full and settle into shares of common stock in three equal annual installments beginning on December 2, 2025, subject to Reporting Person's continued employment.