CMI Oxbow Partners, LLC - Dec 14, 2021 Form 4 Insider Report for SkyWater Technology, Inc (SKYT)

Signature
/s/ Loren Unterseher
Stock symbol
SKYT
Transactions as of
Dec 14, 2021
Transactions value $
-$5,140,589
Form type
4
Date filed
12/16/2021, 07:14 PM
Next filing
Dec 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKYT Common Stock Sale -$3.08M -200K -0.71% $15.42 27.8M Dec 14, 2021 Direct F1, F2, F3, F4
transaction SKYT Common Stock Sale -$1.53M -100K -0.36% $15.28 27.7M Dec 15, 2021 Direct F2, F3, F4, F5
transaction SKYT Common Stock Sale -$529K -34.4K -0.12% $15.38 27.7M Dec 16, 2021 Direct F2, F3, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the weighted average price of 200,000 shares of common stock of the issuer sold by the reporting person in multiple transactions on December 14, 2021 with sale prices ranging from $15.06 to $15.94 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F2 In addition to CMI Oxbow Partners, LLC ("CMI"), this Form 4 is being filed jointly with Oxbow Industries, LLC ("Oxbow" and, together with CMI, the "Reporting Person"), which has the same address as CMI and may be deemed to have a pecuniary interest in the securities reported on this Form 4 (the "Reported Securities"). Loren A. Unterseher, Managing Partner of Oxbow and President of CMI, may also be deemed to have a pecuniary interest in the Reported Securities and has elected to submit filings pursuant to Section 16(a) on an individual basis.
F3 Oxbow, as the majority member of CMI, may be deemed to be the beneficial owner of the Reported Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. Oxbow disclaims beneficial ownership of the Reported Securities, except to the extent of any pecuniary interest therein.
F4 Mr. Unterseher was initially elected to the board of directors of the Issuer as a representative of the Reporting Persons. As a result, each of the other Reporting Persons may be directors by deputization for purposes of Section 16 of the Securities Exchange Act of 1934.
F5 Reflects the weighted average price of 100,000 shares of common stock of the issuer sold by the reporting person in multiple transactions on December 15, 2021 with sale prices ranging from $15.00 to $15.52 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F6 Reflects the weighted average price of 34,368 shares of common stock of the issuer sold by the reporting person in multiple transactions on December 16, 2021 with sale prices ranging from $15.00 to $15.96 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.