Unterseher Loren A's Form 4 filing
SkyWater Technology, LLC (SKYT) · filed Jul 31, 2026
- Accession no.
- 0001741560-26-000008
- Filed
- Jul 31, 2026, 10:16 AM ET
- Trade date
- Jul 28-31, 2026
- Filing delay
- 3 daysLate
- Rule 10b5-1 plan
- Not checked
This filing lists 14 non-derivative transactions. It was filed 3 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Unterseher Loren ACIK 0001741560 | Director, 10% Owner |
| CMI Oxbow Partners, LLCCIK 0001857392 | Director, 10% Owner |
| Oxbow Industries, LLCCIK 0001857514 | Director, 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 28, 2026 | Common Stock | GGiftDisposed | −160,321 | $0.00 | $0 | 1,069,543 | Indirect | |
| Jul 28, 2026 | Common Stock | GGiftAcquired | +160,321 | $0.00 | $0 | 812,139 | Indirect | |
| Jul 31, 2026 | Common Stock | DReturned to the companyDisposed | −1,069,543 | –F1 | – | 0 | Indirect | |
| Jul 31, 2026 | Common Stock | DReturned to the companyDisposed | −812,139 | –F1 | – | 0 | Indirect | |
| Jul 31, 2026 | Common Stock | DReturned to the companyDisposed | −23,713 | –F1 | – | 0 | Direct | |
| Jul 31, 2026 | Common Stock | DReturned to the companyDisposed | −3 | –F1 | – | 0 | Direct | |
| Jul 31, 2026 | Common Stock | DReturned to the companyDisposed | −4,487,394 | –F1 | – | 0 | Direct | |
| Jul 31, 2026 | Common Stock | DReturned to the companyDisposed | −4,304 | –F5 | – | 0 | Direct | |
| Jul 31, 2026 | Common Stock | DReturned to the companyDisposed | −531,283 | –F1 | – | 0 | Indirect | |
| Jul 31, 2026 | Common Stock | DReturned to the companyDisposed | −2 | –F1 | – | 0 | Indirect | |
| Jul 31, 2026 | Common Stock | DReturned to the companyDisposed | −687,811 | –F1 | – | 0 | Indirect | |
| Jul 31, 2026 | Common Stock | DReturned to the companyDisposed | −687,811 | –F1 | – | 0 | Indirect | |
| Jul 31, 2026 | Common Stock | DReturned to the companyDisposed | −687,812 | –F1 | – | 0 | Indirect | |
| Jul 31, 2026 | Common Stock | DReturned to the companyDisposed | −687,812 | –F1 | – | 0 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents shares of common stock of SkyWater Technology, Inc. ("SkyWater") disposed of pursuant to the consummation of the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of January 25, 2026, by and among SkyWater, IonQ, Inc. ("IonQ"), Merger Subsidiary 1 Inc. ("Merger Subsidiary 1"), and Iris Merger Subsidiary 2 LLC (now known as SkyWater Technology, LLC) ("Surviving Company"), including the merger of Iris Merger Subsidiary 1 with and into SkyWater (the "First Merger"), immediately followed by the merger of SkyWater with and into Surviving Company (the "Second Merger"). At the effective time of the First Merger (the "Effective Time"), each share of SkyWater common stock outstanding immediately prior to the Effective Time (subject to certain exceptions described in the Merger Agreement) automatically converted into the right to receive $15 in cash and 0.4883 shares of common stock of IonQ plus cash in lieu of any fractional shares.
Referenced by the price of 11 transactions in Table I.
- F5
Represents restricted stock units relating to shares of SkyWater common stock. Pursuant to the Merger Agreement, prior to the Effective Time, each award of restricted stock units relating to shares of SkyWater common stock held by a non-employee member of SkyWater's board of directors that was outstanding, whether vested or unvested, automatically became fully vested and settled in shares of SkyWater common stock. At the Effective Time, each share of SkyWater common stock automatically converted into the right to receive $15 in cash and 0.4883 shares of common stock of IonQ plus cash in lieu of any fractional shares.
Referenced by the price of 1 transaction in Table I.
Remarks
AS A RESULT OF THE FIRST MERGER, THE REPORTING PERSON NO LONGER BENEFICIALLY OWNS, DIRECTLY OR INDIRECTLY, ANY SHARES OF SKYWATER COMMON STOCK. AS NOTED IN FOOTNOTE 1, IN THE SECOND MERGER, SKYWATER MERGED WITH AND INTO SKYWATER TECHNOLOGY, LLC (FORMERLY KNOWN AS IRIS MERGER SUBSIDIARY 2 LLC), WITH SKYWATER TECHNOLOGY, LLC SURVIVING THE MERGER.