Kimon Michaels - Jul 1, 2023 Form 4 Insider Report for PDF SOLUTIONS INC (PDFS)

Role
EVP OF PRODUCTS AND SOLUTIONS, Director
Signature
/s/ Adnan Raza, Attorney-in-Fact for Kimon Michaels
Stock symbol
PDFS
Transactions as of
Jul 1, 2023
Transactions value $
-$26,925
Form type
4
Date filed
7/5/2023, 02:56 PM
Previous filing
Feb 3, 2023
Next filing
Aug 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDFS Common Stock Award +2.5K +7.95% 33.9K Jul 1, 2023 By Spouse F1
transaction PDFS Common Stock Tax liability -$26.9K -597 -1.76% $45.10 33.3K Jul 1, 2023 By Spouse F2
holding PDFS Common Stock 152K Jul 1, 2023 By Trust
holding PDFS Common Stock 1.41M Jul 1, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent an award of Restricted Stock Units (Total RSU). 12.5% of the Total RSU shall vest on the date that is six (6) month after July 1, 2023 (Vesting Start Date) and 12.5% of the Total RSU shall vest on each date that is six (6) months thereafter until fully vested, subject to the Recipient's continued service through each applicable vesting date.
F2 This represents a disposition of shares to the Company to satisfy tax withholding obligations with respect to the vesting of restricted stock units. This is not a sale of shares in the market.