BARBARA H. NELSON - 30 Jul 2024 Form 4 Insider Report for GSI TECHNOLOGY INC (GSIT)

Role: Director
Signature: /s/ Douglas Schirle, Attorney-in-Fact
Issuer symbol: GSIT
Transactions as of: 30 Jul 2024
Net transactions value: -$9,313
Form type: 4
Filing time: 31 Jul 2024, 18:56:20 UTC
Previous filing: 20 May 2024
Next filing: 02 Aug 2024
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	$10,670	+5,706		$1.87	5,706	30 Jul 2024	Direct
transaction	GSIT	Common Stock	Sale	$16,062	-5,706	-100%	$2.82	0	30 Jul 2024	Direct	F1
transaction	GSIT	Common Stock	Options Exercise	$7,824	+4,184		$1.87	4,184	31 Jul 2024	Direct
transaction	GSIT	Common Stock	Sale	$11,745	-4,184	-100%	$2.81	0	31 Jul 2024	Direct	F2

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	-5,706	-21%	$0.000000	21,299	30 Jul 2024	Common Stock	5,706	$1.87	Direct
transaction	GSIT	Stock Option (right to buy)	Options Exercise	$0	-4,184	-20%	$0.000000	17,115	31 Jul 2024	Common Stock	4,184	$1.87	Direct

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.80 to $2.83, 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 (1) to this Form 4.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.80 to $2.83, 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 (1) to this Form 4.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.80 to $2.83, 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 (1) to this Form 4.