Loren A. Unterseher - Jun 1, 2022 Form 4 Insider Report for SkyWater Technology, Inc (SKYT)

Role: Director
Signature: /s/ Christopher Hilberg, Attorney-in-Fact
Stock symbol: SKYT
Transactions as of: Jun 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/3/2022, 04:53 PM
Previous filing: Apr 4, 2022
Next filing: Jul 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SKYT	Common Stock	Award	$0	+14.9K	+209.25%	$0.00	22.1K	Jun 1, 2022	Direct	F1
holding	SKYT	Common Stock						27.6M	Jun 1, 2022	See Note	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock units ("RSUs"). The RSUs vest on the date immediately preceding the next occurring annual meeting of the Issuer's stockholders, contingent on the reporting person's continued service on such vesting date.
F2	The reporting person serves as a director of the Issuer, and is also President of CMI Oxbow Partners, LLC ("CMI") and Managing Partner of Oxbow Industries, LLC ("Oxbow"), which is the majoritymember of CMI. CMI directly holds the 27,995,400 shares of Common Stock reported in Column 5. As a result, the reporting person may be deemed to be the beneficial owner of, and to have a pecuniaryinterest in, such shares of Common Stock. The reporting person disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein.

Content

Represents a grant of restricted stock units ("RSUs"). The RSUs vest on the date immediately preceding the next occurring annual meeting of the Issuer's stockholders, contingent on the reporting person's continued service on such vesting date.

The reporting person serves as a director of the Issuer, and is also President of CMI Oxbow Partners, LLC ("CMI") and Managing Partner of Oxbow Industries, LLC ("Oxbow"), which is the majoritymember of CMI. CMI directly holds the 27,995,400 shares of Common Stock reported in Column 5. As a result, the reporting person may be deemed to be the beneficial owner of, and to have a pecuniaryinterest in, such shares of Common Stock. The reporting person disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein.