Gail M. Sasaki - 19 Jul 2021 Form 4 Insider Report for NETLIST INC (NLST)

Role: Vice President and CFO
Signature: /s/ Gail M. Sasaki
Issuer symbol: NLST
Transactions as of: 19 Jul 2021
Net transactions value: -$323,250
Form type: 4
Filing time: 21 Jul 2021, 16:56:14 UTC
Previous filing: 14 Jul 2021
Next filing: 01 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NLST	Common Stock	Options Exercise	$269,250	+75,000	+18%	$3.59	488,888	19 Jul 2021	Direct
transaction	NLST	Common Stock	Sale	$592,500	-75,000	-15%	$7.90	413,888	19 Jul 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	+75,000		$0.000000	75,000	19 Jul 2021	Common Stock	75,000	$3.59	Direct	F2

* 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 May 27, 2012 to February 27, 2016