Key facts
- This page summarizes Mark Steven Hancock's Form 3 filing for Silvaco Group, Inc. (SVCO).
- 0 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 09 May 2024, 18:35.
Mark Steven Hancock - 08 May 2024 Form 3 Insider Report for Silvaco Group, Inc. (SVCO)
- Reporting relationship
- Other*
- Issuer ticker
- SVCO
- Reported as of
- 08 May 2024
- Net transaction value
- $0
- SEC form
- 3
- Accepted by SEC
- 09 May 2024, 18:35:01 UTC
- Next SEC filing
- 01 Aug 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Mark Steven Hancock
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Mark Steven Hancock filed Form 3 for Silvaco Group, Inc. (SVCO) on 09 May 2024.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 3 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SVCO
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,500
- Date
- 08 May 2024
- Ownership
- Direct
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote 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").
Footnote F2
Includes an award of 500 RSUs granted on May 24, 2021, with a vesting start date of January 1, 2021, 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 406 shares. The remaining shares will satisfy the time-based vesting requirement in equal quarterly installments from July 1, 2024 to January 1, 2025.
Footnote F3
Includes an award of 1,000 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 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 562 shares. The remaining shares will satisfy the time-based vesting requirement in equal quarterly installments from July 1,2024 to January 1, 2026.
SEC remarks
The reporting person is the trustee of the SMIK Grantor Retained Annuity Trust (the "Trust"), a 10% owner of the Issuer, and has sole voting and dispositive power over the securities held by the Trust. The reporting person, however, is not a beneficiary of the Trust and does not have a pecuniary interest in the securities held by the Trust. The reporting person disclaims beneficial ownership of the securities held by the Trust, except to the extent, if any, of his pecuniary interest therein, and the filing of this Form 3 is not an admission that the reporting person is the beneficial owner of the securities held by the Trust for purposes of Section 16 or for any other purpose. Exhibit 24 - Power of Attorney