Bradley Ferguson - Jun 1, 2022 Form 3 Insider Report for SkyWater Technology, Inc (SKYT)

Role
Chief Govt Affairs Officer
Signature
/s/ Christopher Hilberg, Attorney-in-Fact
Stock symbol
SKYT
Transactions as of
Jun 1, 2022
Transactions value $
$0
Form type
3
Date filed
6/22/2022, 01:56 PM
Next filing
Sep 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SKYT Common Stock 546K Jun 1, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SKYT Options to Acquire Common Stock Jun 1, 2022 Common Stock 104K $14.00 Direct F2
holding SKYT Options to Acquire Common Stock Jun 1, 2022 Common Stock 22.5K $14.00 Direct F3
holding SKYT Options to Acquire Common Stock Jun 1, 2022 Common Stock 27K $11.24 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 378,095 Restricted Stock Units (RSUs) that are unvested. Contingent on the reporting person's continuation in service on each applicable vesting date, 179,145 RSUs will vest on 7/1/2022, 179,145 RSUs will vest on 7/2/2023, 3,452 RSUs will vest on 4/21/2023, 3,453 RSUs will vest on 4/21/2024, 4,300 RSUs will vest on 2/25/2023, 4,300 RSUs will vest on 2/25/2024, and 4,300 RSUs will vest on 2/25/2025.
F2 Options were fully vested on 04/20/2022.
F3 Contingent on the reporting person's continuation in service on each applicable vesting date, 5,629 options will vest on 4/20/2023, 5,629 options will vest on 4/20/2024, and 5,629 options will vest on 4/20/2025.
F4 Contingent on the reporting person's continuation in service on each applicable vesting date, 6,750 options will vest on 2/25/2023, 6,750 options will vest on 2/25/2024, 6,750 options will vest on 2/25/2025, and 6,751 options will vest on 2/25/2026.

Remarks:

Exhibit 24 Power of Attorney attached.