TIMOTHY SAXE - 08 Sep 2021 Form 4 Insider Report for QUICKLOGIC Corp (QUIK)

Role
Sr. VP and CTO
Signature
/s/ Harjit Lally by Power of Attorney
Issuer symbol
QUIK
Transactions as of
08 Sep 2021
Net transactions value
-$1,373
Form type
4
Filing time
10 Sep 2021, 18:12:21 UTC
Previous filing
12 Aug 2021
Next filing
01 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QUIK Common Stock Options Exercise $0 +664 +1.7% $0.000000 39,895 08 Sep 2021 Direct
transaction QUIK Common Stock Sale $1,373 -240 -0.6% $5.72 39,655 10 Sep 2021 Direct F1

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 Unit Options Exercise $0 -664 -50% $0.000000 664 08 Sep 2021 Common Stock 664 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold to cover the taxes.
F2 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3 The RSUs will vest as to 25% of the total number of shares subject to the award on the first anniversary of the Grant Date, and as to 1/8th of the total number of shares subject to the award every six months thereafter, subject to the individual's continued service on each vesting date.