Brian C. Faith - 10 Aug 2021 Form 4 Insider Report for QUICKLOGIC Corp (QUIK)

Signature
/s/ Harjit Lally by Power of Attorney
Issuer symbol
QUIK
Transactions as of
10 Aug 2021
Net transactions value
-$2,367
Form type
4
Filing time
12 Aug 2021, 18:48:02 UTC
Previous filing
16 Jul 2021
Next filing
10 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QUIK Common Stock Options Exercise $0 +1,295 +2.3% $0.000000 58,490 10 Aug 2021 Direct
transaction QUIK Common Stock Sale $2,367 -456 -0.78% $5.19 58,034 11 Aug 2021 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 QUIK Restricted Stock Units Options Exercise $0 -1,295 -100% $0.000000* 0 10 Aug 2021 Common Stock 1,295 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F2 25% of the RSUs vested on 08/10/2018, one year from the grant date. The balance of the shares vest 12.5% every six months beginning on February 10, 2019. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.