Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | SVCO | Common Stock | 16.2K | May 8, 2024 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | 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"). |
F2 | Includes an award of 7,500 RSUs granted on August 26, 2022, with a vesting start date of May 12, 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 5,625 shares. The time-based vesting requirement will be satisfied with respect to an additional 1,875 shares on June 30, 2024, subject to the reporting person's continuous service through such date. |
F3 | Includes an award of 8,671 RSUs granted on August 24, 2023, with a vesting start date of May 5, 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 8,671 RSUs on June 30, 2024, subject to the reporting person's continuous service through such date. |