Loren A. Unterseher - 07 Jun 2023 Form 4 Insider Report for SkyWater Technology, Inc (SKYT)

Role: Director, 10%+ Owner
Signature: /s/ Loren A. Unterseher
Issuer symbol: SKYT
Transactions as of: 07 Jun 2023
Net transactions value: $0
Form type: 4
Filing time: 09 Jun 2023, 20:21:19 UTC
Previous filing: 07 Jun 2023
Next filing: 16 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SKYT	Common Stock	Award	$0	+10,060	+46%	$0.000000	32,150	07 Jun 2023	Direct	F1
holding	SKYT	Common Stock						19,569,267	07 Jun 2023	See Note	F2
holding	SKYT	Common Stock						1,468	07 Jun 2023	By family irrevocable trust
holding	SKYT	Common Stock						5,910	07 Jun 2023	By grantor retained annuity trust
holding	SKYT	Common Stock						370	07 Jun 2023	By spouse

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock units ("RSUs"). The RSUs vest on the date immediately preceding the next occurring annual meeting of the Issuer's stockholders, contingent on the reporting person's continued service on such vesting date.
F2	The reporting person serves as a director of the Issuer, and is also President of CMI Oxbow Partners, LLC ("CMI") and Managing Partner of Oxbow Industries, LLC ("Oxbow"), which is the majority member of CMI. CMI directly holds the 19,569,267 shares of Common Stock reported in Column 5. As a result, the reporting person may be deemed to be the beneficial owner of, and to have a pecuniary interest in, such shares of Common Stock. The reporting person disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein.

Content

Represents a grant of restricted stock units ("RSUs"). The RSUs vest on the date immediately preceding the next occurring annual meeting of the Issuer's stockholders, contingent on the reporting person's continued service on such vesting date.

The reporting person serves as a director of the Issuer, and is also President of CMI Oxbow Partners, LLC ("CMI") and Managing Partner of Oxbow Industries, LLC ("Oxbow"), which is the majority member of CMI. CMI directly holds the 19,569,267 shares of Common Stock reported in Column 5. As a result, the reporting person may be deemed to be the beneficial owner of, and to have a pecuniary interest in, such shares of Common Stock. The reporting person disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein.