Gail M. Sasaki - Jul 2, 2021 Form 4 Insider Report for NETLIST INC (NLST)

Role
Vice President and CFO
Signature
/s/ Gail M. Sasaki
Stock symbol
NLST
Transactions as of
Jul 2, 2021
Transactions value $
-$1,233,585
Form type
4
Date filed
7/7/2021, 05:56 PM
Previous filing
Jul 2, 2021
Next filing
Jul 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NLST Common Stock Sale -$210K -50K -9.53% $4.20 475K Jul 2, 2021 Direct F1
transaction NLST Common Stock Options Exercise $52.5K +75K +15.8% $0.70 550K Jul 6, 2021 Direct
transaction NLST Common Stock Sale -$394K -75K -13.65% $5.25 475K Jul 6, 2021 Direct F1
transaction NLST Common Stock Options Exercise $10.7K +15K +3.16% $0.71 490K Jul 6, 2021 Direct
transaction NLST Common Stock Sale -$78.8K -15K -3.06% $5.25 475K Jul 6, 2021 Direct F1
transaction NLST Common Stock Options Exercise $42.6K +60K +12.64% $0.71 535K Jul 6, 2021 Direct
transaction NLST Common Stock Sale -$315K -60K -11.22% $5.25 475K Jul 6, 2021 Direct F1
transaction NLST Common Stock Options Exercise $63.2K +75K +15.8% $0.84 550K Jul 6, 2021 Direct
transaction NLST Common Stock Sale -$405K -75K -13.65% $5.40 475K Jul 6, 2021 Direct F1

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 NLST Employee Stock Option (right to buy) Options Exercise $0 +75K +25% $0.00 375K Jul 6, 2021 Common Stock 75K $0.70 Direct F2
transaction NLST Employee Stock Option (right to buy) Options Exercise $0 +15K +4.35% $0.00 360K Jul 6, 2021 Common Stock 15K $0.71 Direct F3
transaction NLST Employee Stock Option (right to buy) Options Exercise $0 +60K +25% $0.00 300K Jul 6, 2021 Common Stock 60K $0.71 Direct F4
transaction NLST Employee Stock Option (right to buy) Options Exercise $0 +75K +50% $0.00 225K Jul 6, 2021 Common Stock 75K $0.84 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 Plan.
F2 This option vested in 16 equal quarterly installments from April 18, 2016 to January 18, 2020.
F3 This option vested in 16 equal installments from May 11, 2013 to February 11, 2017.
F4 This option vested in 16 equal installments from May 11, 2013 to February 11, 2017.
F5 This option vested in 16 equal installments from April 6, 2015 to January 6, 2019