Cheung Suping (Sue) 4
4 · QUICKLOGIC Corp · Filed Feb 12, 2021
Insider Transaction Report
Form 4
QUICKLOGIC CorpQUIK
Cheung Suping (Sue)
Controller, Princ. Acctg. Off.
Transactions
- Exercise/Conversion
Common Stock
2021-02-10+681→ 29,949 total - Tax Payment
Common Stock
2021-02-10$4.48/sh−230$1,030→ 29,719 total - Exercise/Conversion
Restricted Stock Units
2021-02-10−681→ 681 totalExercise: $0.00→ Common Stock (681 underlying)
Footnotes (3)
- [F1]Exempt transaction pursuant to Section 16b3(e) payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b3. All of the shares reported as disposed of on this line were relinquished by the Reporting person and cancelled by the issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting person resulting from the vesting of the RSUs.
- [F2]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F3]25% of the RSUs vested on 08/10/2018, one year from the grant date. The balance of the shares vest 12.5% every six months beginning on February 10, 2019. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.