Filing Details

Accession Number:
0001611597-22-000013
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-12-19 17:45:00
Reporting Period:
2022-12-15
Accepted Time:
2022-12-19 17:45:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1819974 Skywater Technology Inc SKYT () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1611597 Thomas Sonderman 2401 East 86Th Street
Bloomington MN 55425
President & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2022-12-15 4,050 $8.40 534,740 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the issuance of Common Stock of the Issuer to the Reporting Person in satisfaction of a long-term incentive plan of the Issuer.
  2. The Reporting Person is subject to a lock-up agreement with the underwriter for the public offering of Common Stock by the Issuer for which the underwriting agreement was entered into on November 14, 2022. The transaction was pursuant to an exception to the lock-up agreement for sales solely to cover taxes due upon settlement of equity awards granted prior to the date of the lock-up agreement.
  3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $8.26 to $8.56, inclusive.