SIMTEK CORP 4
4 · SIMTEK CORP · Filed May 20, 2005
Insider Transaction Report
Form 4
SIMTEK CORPSRAM
BLOMQUIST HAROLD A
Director
Transactions
- Award
Common Stock
2005-05-19$0.54/sh+200,000$108,400→ 200,800 total
Footnotes (2)
- [F1]Per the terms of Mr. Blomquist's employment agreement, Mr. Blomquist is required to purchase a minimum of 200,000 shares of Simtek's Common Stock within his first 120 days of employment. Per the terms of employment, the price will be determined by calculating the 5 day average closing price of Simtek's common stock for the 5 days preceeding the purchase.
- [F2]Of the 200,800 shares owned by Mr. Blomquist, 200,000 are owned directly and 800 are owned indirectly as these shares are held by Mr. Blomquist as Trustee for Cory Blomquist.