Thomas Sonderman - May 11, 2023 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
May 11, 2023
Transactions value $
-$116,714
Form type
4
Date filed
5/15/2023, 04:54 PM
Previous filing
Mar 20, 2023
Next filing
Dec 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKYT Common Stock Sale -$117K -12.5K -2.27% $9.32 538K May 11, 2023 Direct F1, F2
* 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 vesting of restricted stock units. Such "sales to cover" are mandated by the Issuer's equity incentive plan to satisfy tax withholding obligations and do not represent a discretionary trade by the reporting person.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $9.20 to $9.57, inclusive.