Illiya I. Pesic - 31 Jul 2024 Form 4 Insider Report for Silvaco Group, Inc. (SVCO)

Signature
/s/ Thomas Yih, by Power of Attorney
Issuer symbol
SVCO
Transactions as of
31 Jul 2024
Net transactions value
$0
Form type
4
Filing time
01 Aug 2024, 17:06:30 UTC
Previous filing
08 May 2024
Next filing
14 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVCO Common Stock Award $0 +4,590,059 +391% $0.000000 5,763,649 31 Jul 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 15,000 restricted stock units (RSUs) granted on May 24, 2021, with a vesting start date of January 1, 2021, under the Company's Amended and Restated Stock Incentive Plan (2014 Plan) that are subject to both a time-based vesting requirement and a liquidity event vesting requirement. The liquidity event vesting requirement was met upon the consummation of the IPO. Upon the closing of the IPO, the time-based vesting requirement was be satisfied with respect to 13,125 shares. The remaining 1,875 shares will satisfy the time-based vesting requirement in equal quarterly installments from July 1, 2024 to January 1, 2025, subject to the reporting person's continuous service through each applicable vesting date.
F2 Includes an award of 3,750 RSUs granted on April 22, 2022, with a vesting start date of January 1, 2022, 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 was met upon the consummation of the IPO. Upon the closing of the IPO, the time-based vesting requirement was satisfied with respect to 2,343 RSUs. The remaining 1,407 shares will satisfy the time-based vesting requirement in equal quarterly installments from July 1, 2024 to January 1, 2026, subject to the reporting person's continuous service through each applicable vesting date.
F3 Includes an award of 5,000 RSUs granted on November 30, 2023, with a vesting start date of December 1, 2023, under the 2014 Plan. These RSUs will vest in full upon the one-year anniversary of the vesting start date, subject to the reporting person's continuous service through the vesting date.