Ruey-Lin Lu - 30 Oct 2023 Form 4 Insider Report for GSI TECHNOLOGY INC (GSIT)

Role
Director
Signature
/s/ Douglas Schirle, Attorney-in-Fact
Issuer symbol
GSIT
Transactions as of
30 Oct 2023
Transactions value $
$0
Form type
4
Filing time
31 Oct 2023, 16:34:46 UTC
Previous filing
01 Nov 2022
Next filing
29 Oct 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GSIT Stock Option (right to buy) Award $0 -25.1K -50% $0.00 25.1K 30 Oct 2023 Common Stock 25.1K $1.91 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on August 15, 2024.
F2 Reporting Person shall vest in 100% of the unvested and outstanding portion of the option immediately prior to, but contingent upon, the consummation of a Change in Control prior to August 15, 2024.