SEC Form 4 · accession 0001179110-16-027709
QUICKLOGIC Corp · QUIK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian C Faith
Officer — President and CEO · Director
Period of report
Jul 14, 2016
Accepted (ET)
Jul 18, 2016 · 2:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000882508
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | $0.00 | Jul 14, 2016 | A | 212,067 | A | — | — | Common Stock | 212,067 | 212,067 | D |
Explanation of responses
- F1Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F225% of the RSUs vested on July 14, 2017, one year from the grant date. The balance of the shares vest 12.5% every six months beginning on July 14, 2017. Shares of the Issuers common stock will be delivered to the Reporting Person upon vesting.