Avidan Akerib - May 31, 2022 Form 3 Insider Report for GSI TECHNOLOGY INC (GSIT)

Role
VP of Associative Computing
Signature
/s/ Avidan Akerib by Douglas Schirle, Attorney-in-Fact
Stock symbol
GSIT
Transactions as of
May 31, 2022
Transactions value $
$0
Form type
3
Date filed
6/6/2022, 04:10 PM
Next filing
Aug 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GSIT Common Stock 10.8K May 31, 2022 Direct

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
holding GSIT Stock Option (right to buy) May 31, 2022 Common Stock 200K $3.40 Direct F1
holding GSIT Stock Option (right to buy) May 31, 2022 Common Stock 20K $6.16 Direct F1
holding GSIT Stock Option (right to buy) May 31, 2022 Common Stock 15K $7.26 Direct F1
holding GSIT Stock Option (right to buy) May 31, 2022 Common Stock 30K $6.70 Direct F1
holding GSIT Stock Option (right to buy) May 31, 2022 Common Stock 40K $8.30 Direct F2
holding GSIT Stock Option (right to buy) May 31, 2022 Common Stock 40K $5.83 Direct F3
holding GSIT Stock Option (right to buy) May 31, 2022 Common Stock 40K $5.58 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option is fully vested and exercisable.
F2 Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on May 23, 2023.
F3 Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on May 23, 2024.
F4 Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on May 23, 2025.