Elias Nader - Aug 16, 2023 Form 4 Insider Report for QUICKLOGIC Corp (QUIK)

Role
CFO, SVP FINANCE
Signature
/s/ Harjit Lally, Attorney-in-Fact
Stock symbol
QUIK
Transactions as of
Aug 16, 2023
Transactions value $
-$82,763
Form type
4
Date filed
11/30/2023, 08:01 PM
Previous filing
Aug 14, 2023
Next filing
Aug 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QUIK Common Stock Sale -$11.8K -1.39K -8.56% $8.49 14.9K Aug 16, 2023 Direct F1
transaction QUIK Common Stock Options Exercise $0 +16.4K +110.29% $0.00 31.3K Nov 28, 2023 Direct
transaction QUIK Common Stock Sale -$71K -6.12K -19.57% $11.60 25.1K Nov 30, 2023 Direct F2

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 -16.4K -50% $0.00 16.4K Nov 28, 2023 Common Stock 16.4K $0.00 Direct F3, F4
* 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 August 10, 2023.
F2 Shares were sold to cover the taxes from restricted stock units that vested on November 28, 2023.
F3 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F4 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.