Timothy Saxe - Nov 28, 2023 Form 4 Insider Report for QUICKLOGIC Corp (QUIK)

Role
SR. VP AND CTO
Signature
/s/ Harjit Lally, Attorney-in-Fact
Stock symbol
QUIK
Transactions as of
Nov 28, 2023
Transactions value $
-$88,679
Form type
4
Date filed
11/30/2023, 08:00 PM
Previous filing
Aug 25, 2023
Next filing
Feb 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QUIK Common Stock Options Exercise $0 +20.5K +17.53% $0.00 137K Nov 28, 2023 Direct
transaction QUIK Common Stock Sale -$88.7K -7.64K -5.56% $11.61 130K Nov 30, 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 -20.5K -50% $0.00 20.5K Nov 28, 2023 Common Stock 20.5K $0.00 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.