Ping Tak Wu - 26 Aug 2021 Form 4 Insider Report for GSI TECHNOLOGY INC (GSIT)

Role: VP, U.S. Operations
Signature: /s/ Douglas Schirle, Attorney-in-Fact
Issuer symbol: GSIT
Transactions as of: 26 Aug 2021
Net transactions value: -$12,264
Form type: 4
Filing time: 27 Aug 2021, 18:23:11 UTC
Previous filing: 03 Aug 2021
Next filing: 02 Aug 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GSIT	Common Stock	Options Exercise	$147,000	+30,000	+21%	$4.90	172,605	26 Aug 2021	Direct
transaction	GSIT	Common Stock	Sale	$159,264	-30,000	-17%	$5.31	142,605	26 Aug 2021	Direct	F2
holding	GSIT	Common Stock						142,605	26 Aug 2021	Direct	F1

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)	Options Exercise	$0	-30,000	-100%	$0.000000^*	0	26 Aug 2021	Common Stock	30,000	$4.90	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects ESPP allocations and dispositions that have occurred since the date of the reporting person's last ownership report.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.30 to $5.36, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

Content

Reflects ESPP allocations and dispositions that have occurred since the date of the reporting person's last ownership report.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.30 to $5.36, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.