4//SEC Filing
Faith Brian C 4
Accession 0001415889-24-022348
CIK 0000882508other
Filed
Aug 26, 8:00 PM ET
Accepted
Aug 27, 7:01 PM ET
Size
7.6 KB
Accession
0001415889-24-022348
Insider Transaction Report
Form 4
QUICKLOGIC CorpQUIK
Faith Brian C
VP WW Sales & Marketing
Transactions
- Award
Common Stock
2024-08-26+16,865→ 243,715 total - Sale
Common Stock
2024-08-27$8.83/sh−27,866$246,121→ 215,849 total
Footnotes (3)
- [F1]Represents a one-time grant of restricted stock units that vest 100% upon grant date, August 26, 2024. One-time grant was issued to compensate Reporting Person for miscalculation by issuer of shares required to be sold to cover tax liability owed by the Reporting Person.
- [F2]In 2022, 2023 and the first half of 2024, the issuer miscalculated the withholding amount due and failed to withhold a sufficient number of shares to properly cover the tax liability owed by the Reporting Person. To rectify this, shares were sold to satisfy such tax liability. The Reporting Person's percentage ownership will remain relatively constant as a result of the vesting of additional shares on August 24, 2024 previously issued to the Reporting Person and the one-time grant of restricted stock units that vested on August 26, 2024.
- [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $8.75 to $9.02, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Documents
Issuer
QUICKLOGIC Corp
CIK 0000882508
Entity typeother
Related Parties
1- filerCIK 0001518884
Filing Metadata
- Form type
- 4
- Filed
- Aug 26, 8:00 PM ET
- Accepted
- Aug 27, 7:01 PM ET
- Size
- 7.6 KB