Jodi Lynn Shelton - May 8, 2024 Form 3 Insider Report for Silvaco Group, Inc. (SVCO)

Role
Director
Signature
/s/ Jodi Lynn Shelton
Stock symbol
SVCO
Transactions as of
May 8, 2024
Transactions value $
$0
Form type
3
Date filed
5/8/2024, 08:13 PM
Previous filing
Nov 19, 2021
Next filing
Jul 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SVCO Common Stock 13.4K May 8, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes an award of 7,500 RSUs granted on September 16, 2022, with a vesting start date of September 15, 2022, under the Silvaco Group, Inc. Amended and Restated 2014 Stock Incentive Plan (the "2014 Plan") that are subject to both a time-based vesting requirement and a liquidity event vesting requirement. The liquidity event vesting requirement will be met upon the consummation of the IPO. Upon the closing of the IPO, the time-based vesting requirement will be satisfied with respect to 5,156 shares. The time-based vesting requirement will be satisfied with respect to an additional 2,344 shares on June 30, 2024, subject to the reporting person's continuous service through such date.
F2 Each restricted stock unit ("RSUs") represents a contingent right to receive one share of Silvaco Group, Inc. common stock. The amount of securities reported on this Form 3 has been adjusted to reflect a 1-for-2 reverse stock split, which became effective with the State of Delaware on April 29, 2024 in connection with the Issuer's initial public offering (the "IPO").
F3 Includes an award of 5,938 RSUs granted on August 24, 2023, with a vesting start date of September 15, 2023, under the 2014 Plan that are subject to both a time-based vesting requirement and a liquidity event vesting requirement. The liquidity event vesting requirement will be met upon the consummation of the IPO. The time-based vesting requirement will be satisfied with respect to all 5,938 RSUs on June 30, 2024, subject to the reporting person's continuous service through such date.