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

Role: CFO, SVP FINANCE
Signature: /s/ Harjit Lally, Attorney-in-Fact
Issuer symbol: QUIK
Transactions as of: 16 Aug 2023
Net transactions value: -$82,763
Form type: 4
Filing time: 30 Nov 2023, 20:01:35 UTC
Previous filing: 14 Aug 2023
Next filing: 25 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QUIK	Common Stock	Sale	$11,809	-1,391	-8.6%	$8.49	14,863	16 Aug 2023	Direct	F1
transaction	QUIK	Common Stock	Options Exercise	$0	+16,393	+110%	$0.000000	31,256	28 Nov 2023	Direct
transaction	QUIK	Common Stock	Sale	$70,954	-6,116	-20%	$11.60	25,140	30 Nov 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	-16,393	-50%	$0.000000	16,393	28 Nov 2023	Common Stock	16,393	$0.000000	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.