James J. Kim - Jul 25, 2023 Form 4 Insider Report for AMKOR TECHNOLOGY, INC. (AMKR)

Signature
/s/ Brian D. Short, Attorney-in-Fact for James J. Kim
Stock symbol
AMKR
Transactions as of
Jul 25, 2023
Transactions value $
$0
Form type
4
Date filed
7/27/2023, 06:00 PM
Previous filing
May 3, 2023
Next filing
Sep 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMKR Common Stock Gift $0 -444K -16.11% $0.00 2.31M Jul 25, 2023 By self as Trustee of own GRATs F1, F2, F3, F4
transaction AMKR Common Stock Gift $0 -444K -19.2% $0.00 1.87M Jul 25, 2023 By self as Trustee of own GRATs F3, F4, F5
holding AMKR Common Stock 269K Jul 25, 2023 Direct F2
holding AMKR Common Stock 0 Jul 25, 2023 By spouse
holding AMKR Common Stock 1.96M Jul 25, 2023 By John T. Kim G-S Trust dtd. 12/11/12 F3, F4
holding AMKR Common Stock 7.83M Jul 25, 2023 By John T. Kim Family Trust U/A dtd. 12/11/12 F3, F4
holding AMKR Common Stock 1.38M Jul 25, 2023 By Susan Y. Kim 2018-1 GRAT dtd. 8/29/18 F3, F4
holding AMKR Common Stock 1.96M Jul 25, 2023 By Susan Y. Kim 2020-1 GRAT dtd. 4/1/20 F3, F4, F6
holding AMKR Common Stock 165K Jul 25, 2023 By self as Trustee of Trust U/A dtd. 12/11/12 F3, F4
holding AMKR Common Stock 49.6M Jul 25, 2023 By 915 Investments, LP F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 25, 2023, the Qualified Annuity Trust under the James J. Kim 2020-1 Qualified Annuity Trust Agreement Dated 4/1/20 (the "JJK Trust") distributed 443,811 shares of Common Stock of Amkor Technology, Inc. (the "Issuer") to John T. Kim. The Reporting Person and Susan Y. Kim are co-trustees of the JJK Trust.
F2 On June 27, 2023, the JJK Trust distributed 230,001 shares of the Issuer's Common Stock to the Reporting Person. Because the Reporting Person is the annuitant and a trustee of the JJK Trust, such distribution was a mere change in the form of ownership from indirect to direct and hence not reportable by the Reporting Person on a Form 4.
F3 The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of the Reporting Person's pecuniary interest therein, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), or for any other purpose.
F4 The Reporting Person is (i) a trustee of grantor retained annuity trusts of which he was the settlor and is the sole annuitant which own 1,867,747 shares of the Issuer's Common Stock, (ii) a trustee of trusts for the benefit of his immediate family members which own 13,124,330 shares of the Issuer's Common Stock, (iii) a trustee of a trust which is a controlling member of a limited liability company being treated as a corporation for purposes of Section 16, which limited liability company holds 164,678 shares of the Issuer's Common stock, and (iv) a general partner of a limited partnership which owns 49,594,980 shares of the Issuer's Common Stock. Pursuant to the Form 4 instructions, the Reporting Person is being treated as having a pecuniary interest in all of such shares.
F5 On July 25, 2023, the JJK Trust distributed 443,811 shares of the Issuer's Common Stock to Susan Y. Kim. The Reporting Person and Susan Y. Kim are co-trustees of the JJK Trust.
F6 Reflects the distribution of 340,000 shares of the Issuer's Common Stock to Susan Y. Kim on June 16, 2023 by the Qualified Annuity Trust under the Susan Y. Kim 2020-1 Irrevocable Trust Agreement dated 4/1/20 (the "SYK Trust"). The Reporting Person and Susan Y. Kim are co-trustees of the SYK Trust.

Remarks:

(7) The Reporting Person states that the filing of this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities owned by the other members of the group, for the purpose of Section 16, or for any other purpose.