CHUANG PATRICK T. - 23 Jan 2024 Form 3 Insider Report for GSI TECHNOLOGY INC (GSIT)

Signature
/s/ Patrick T. Chuang by Douglas Schirle, Attorney-in-Fact
Issuer symbol
GSIT
Transactions as of
23 Jan 2024
Net transactions value
$0
Form type
3
Filing time
29 Jan 2024, 16:18:28 UTC
Next filing
30 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GSIT Common Stock 15,166 23 Jan 2024 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) 23 Jan 2024 Common Stock 40,000 $5.23 Direct F1
holding GSIT Stock Option (right to buy) 23 Jan 2024 Common Stock 40,000 $4.98 Direct F1
holding GSIT Stock Option (right to buy) 23 Jan 2024 Common Stock 40,000 $4.99 Direct F1
holding GSIT Stock Option (right to buy) 23 Jan 2024 Common Stock 40,000 $7.26 Direct F1
holding GSIT Stock Option (right to buy) 23 Jan 2024 Common Stock 40,000 $6.70 Direct F1
holding GSIT Stock Option (right to buy) 23 Jan 2024 Common Stock 40,000 $8.30 Direct F1
holding GSIT Stock Option (right to buy) 23 Jan 2024 Common Stock 40,000 $5.83 Direct F2
holding GSIT Stock Option (right to buy) 23 Jan 2024 Common Stock 40,000 $5.58 Direct F3
holding GSIT Stock Option (right to buy) 23 Jan 2024 Common Stock 40,000 $4.08 Direct F4
holding GSIT Stock Option (right to buy) 23 Jan 2024 Common Stock 20,000 $2.27 Direct F1
holding GSIT Stock Option (right to buy) 23 Jan 2024 Common Stock 40,000 $4.39 Direct F5
* 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 June 2, 2024.
F3 Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on June 2, 2025.
F4 Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on June 2, 2026.
F5 Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on June 2, 2027.