Thomas Sonderman - Dec 15, 2022 Form 4 Insider Report for SkyWater Technology, Inc (SKYT)

Role
President & CEO, Director
Signature
/s/ Christopher Hilberg, Attorney-in-Fact
Stock symbol
SKYT
Transactions as of
Dec 15, 2022
Transactions value $
-$34,036
Form type
4
Date filed
12/19/2022, 04:45 PM
Previous filing
Dec 14, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKYT Common Stock Sale -$34K -4.05K -0.75% $8.40 535K Dec 15, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the issuance of Common Stock of the Issuer to the Reporting Person in satisfaction of a long-term incentive plan of the Issuer.
F2 The Reporting Person is subject to a lock-up agreement with the underwriter for the public offering of Common Stock by the Issuer for which the underwriting agreement was entered into on November 14, 2022. The transaction was pursuant to an exception to the lock-up agreement for sales solely to cover taxes due upon settlement of equity awards granted prior to the date of the lock-up agreement.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $8.26 to $8.56, inclusive.