Joseph Gates Clark - Jul 17, 2023 Form 4 Insider Report for SMART Global Holdings, Inc. (SGH)

Signature
/s/ Anne Kuykendall as attorney-in-fact for Joseph Gates Clark
Stock symbol
SGH
Transactions as of
Jul 17, 2023
Transactions value $
-$68,917
Form type
4
Date filed
7/19/2023, 05:54 PM
Previous filing
Apr 24, 2023
Next filing
Jul 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGH Ordinary Shares Sale -$68.9K -2.52K -2.64% $27.36 92.8K Jul 17, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported herein were effected pursuant to a previously established Rule 10b5-1 Plan adopted by the reporting person on April 17, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $27.12 to $27.72. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.