TIMOTHY SAXE - 28 Nov 2023 Form 4 Insider Report for QUICKLOGIC Corp (QUIK)

Signature
/s/ Harjit Lally, Attorney-in-Fact
Issuer symbol
QUIK
Transactions as of
28 Nov 2023
Net transactions value
-$88,679
Form type
4
Filing time
30 Nov 2023, 20:00:49 UTC
Previous filing
25 Aug 2023
Next filing
07 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QUIK Common Stock Options Exercise $0 +20,492 +18% $0.000000 137,399 28 Nov 2023 Direct
transaction QUIK Common Stock Sale $88,679 -7,637 -5.6% $11.61 129,762 30 Nov 2023 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 -20,492 -50% $0.000000 20,491 28 Nov 2023 Common Stock 20,492 $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 from restricted stock units that vested on November 28, 2023.
F2 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3 Restricted stock units vest 50% after one year after date of issuance and the remaining 50% after two years from the date of issuance, subject to continued employment of the grantee.