Barbara H. Nelson - Aug 14, 2024 Form 4 Insider Report for GSI TECHNOLOGY INC (GSIT)

Role: Director
Signature: /s/ Douglas Schirle, Attorney-in-Fact
Stock symbol: GSIT
Transactions as of: Aug 14, 2024
Transactions value $: -$6,495
Form type: 4
Date filed: 8/15/2024, 07:37 PM
Previous filing: Aug 2, 2024
Next filing: Aug 19, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GSIT	Common Stock	Options Exercise	$18.3K	+9.78K		$1.87	9.78K	Aug 14, 2024	Direct
transaction	GSIT	Common Stock	Sale	-$21.7K	-9.78K	-100%	$2.22	0	Aug 14, 2024	Direct	F1
transaction	GSIT	Common Stock	Options Exercise	$13.5K	+7.24K		$1.87	7.24K	Aug 15, 2024	Direct
transaction	GSIT	Common Stock	Sale	-$16.6K	-7.24K	-100%	$2.30	0	Aug 15, 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
transaction	GSIT	Stock Option (right to buy)	Options Exercise	$0	-9.78K	-57.47%	$0.00	7.24K	Aug 14, 2024	Common Stock	9.78K	$1.87	Direct
transaction	GSIT	Stock Option (right to buy)	Options Exercise	$0	-7.24K	-100%	$0.00^*	0	Aug 15, 2024	Common Stock	7.24K	$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 $2.20 to $2.28, 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 $2.20 to $2.28, 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.