Sec Form 3 Filing - Daniel Amanda @ SkyWater Technology, Inc - 2022-06-01

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person Daniel Amanda 2. Issuer Name and Ticker or Trading Symbol SkyWater Technology, Inc [ SKYT] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Human Resources Officer (Last) (First) (Middle) 2401 EAST 86TH STREET 3. Date of Earliest Transaction (MM/DD/YY) 06/01/2022 (Street) BLOOMINGTON, MN55425 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 37,574( 1 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Options to Acquire Common Stock $ 22.29 ( 2 ) 06/07/2031 Common Stock 13,410 D Options to Acquire Common Stock $ 11.24 ( 3 ) 02/25/2032 Common Stock 27,001 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Daniel Amanda 2401 EAST 86TH STREET BLOOMINGTON, MN55425 Chief Human Resources Officer Signatures /s/ Christopher Hilberg, Attorney-in-Fact 06/21/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Includes 37,574 Restricted Stock Units (RSUs) that are unvested. Contingent on the reporting person's continuation in service on each applicable vesting date, 2,056 RSUs will vest on 6/7/2022, 2,056 RSUs will vest on 6/7/2023, 2,056 RSUs will vest on 6/7/2024, 6,168 RSUs will vest on 8/6/2022, 6,168 RSUs will vest on 8/6/2023, 6,170 RSUs will vest on 8/6/2024, 4,300 RSUs will vest on 2/25/2023, 4,300 RSUs will vest on 2/25/2024, and 4,300 RSUs will vest on 2/25/2025. ( 2 )Contingent on the reporting person's continuation in service on each applicable vesting date, 3,352 options will vest on 6/7/2022, 3,352 options will vest on 6/7/2023, 3,352 options will vest on 6/7/2024, and 3,354 options will vest on 6/7/2025. ( 3 )Contingent on the reporting person's continuation in service on each applicable vesting date, 6,750 options will vest on 2/25/2023, 6,750 options will vest on 2/25/2024, 6,750 options will vest on 2/25/2025, and 6,751 options will vest on 2/25/2026.

Remarks: Exhibit 24 Power of Attorney attached.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.