Nelson C. Chan - Sep 30, 2024 Form 4 Insider Report for GCT Semiconductor Holding, Inc. (GCTS)

Role
Director, Class I Director
Signature
/s/ Edmond Cheng, attorney-in-fact
Stock symbol
GCTS
Transactions as of
Sep 30, 2024
Transactions value $
$0
Form type
4
Date filed
11/21/2024, 04:13 PM
Previous filing
Sep 4, 2024
Next filing
Nov 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GCTS Common Stock Award $0 +8.21K +155.51% $0.00 13.5K Sep 30, 2024 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units ("RSUs") acquired pursuant to the terms of the GCT Semiconductor Holding, Inc. (the "Issuer") GCT 2024 Omnibus Incentive Compensation Plan. Each RSU represents the right to receive one share of common stock, par value $0.0001 per share ("Common Stock") of the Issuer following vesting.
F2 The number of shares subject to and issuable under the award is determined on the last day of each calendar quarter during the period April 1, 2024 through March 31, 2025 (beginning with the quarter ending June 30, 2024) by dividing $27,500 by the fair market value per share of Common Stock, which was determined to be $3.35 on September 30, 2024, rounded down to the nearest whole share.
F3 The RSU's will vest on March 31, 2025, subject to continued service through such date.
F4 No expiration date is applicable to restricted stock units.