Jack A. Pacheco - May 20, 2021 Form 4 Insider Report for SMART Global Holdings, Inc. (SGH)

Role
EVP, COO, Pres SMART Mem
Signature
/s/ Anne Kuykendall as attorney-in-fact for Jack A. Pacheco
Stock symbol
SGH
Transactions as of
May 20, 2021
Transactions value $
-$177,106
Form type
4
Date filed
5/24/2021, 08:45 PM
Next filing
Jun 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGH Ordinary Shares Options Exercise $162K +7.5K +8.23% $21.55 98.7K May 20, 2021 Direct F1
transaction SGH Ordinary Shares Sale -$284K -6.3K -6.39% $45.08 92.4K May 20, 2021 Direct F1, F2
transaction SGH Ordinary Shares Sale -$54.7K -1.2K -1.3% $45.58 91.2K May 20, 2021 Direct F1, F3

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 SGH Employee Stock Option (right to buy) Options Exercise $0 -7.5K -10.71% $0.00 62.5K May 20, 2021 Ordinary Shares 7.5K $21.55 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reported herein was effected pursuant to a previously established Rule 10b5-1 Plan adopted by the reporting person.
F2 This transaction was executed in multiple trades at prices ranging from $44.53 to $45.52. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $45.53 to $45.63. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 25% of the option vested and became exercisable on 1/22/2020, and the remaining shares vest monthly over three years thereafter.