Avidan Akerib - 31 May 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
Issuer symbol
GSIT
Transactions as of
31 May 2022
Net transactions value
$0
Form type
3
Filing time
06 Jun 2022, 16:10:56 UTC
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
holding GSIT Common Stock 10,825 31 May 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) 31 May 2022 Common Stock 200,000 $3.40 Direct F1
holding GSIT Stock Option (right to buy) 31 May 2022 Common Stock 20,000 $6.16 Direct F1
holding GSIT Stock Option (right to buy) 31 May 2022 Common Stock 15,000 $7.26 Direct F1
holding GSIT Stock Option (right to buy) 31 May 2022 Common Stock 30,000 $6.70 Direct F1
holding GSIT Stock Option (right to buy) 31 May 2022 Common Stock 40,000 $8.30 Direct F2
holding GSIT Stock Option (right to buy) 31 May 2022 Common Stock 40,000 $5.83 Direct F3
holding GSIT Stock Option (right to buy) 31 May 2022 Common Stock 40,000 $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.