Michael G. Potter - 01 Jun 2023 Form 4 Insider Report for Corsair Gaming, Inc. (CRSR)

Role
Chief Financial Officer
Signature
/s/ Michael G. Potter
Issuer symbol
CRSR
Transactions as of
01 Jun 2023
Net transactions value
-$239,213
Form type
4
Filing time
02 Jun 2023, 17:41:22 UTC
Previous filing
19 May 2023
Next filing
05 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRSR Common Stock Options Exercise $77,800 +10,000 +19% $7.78 62,623 01 Jun 2023 Direct F1
transaction CRSR Common Stock Sale $194,813 -10,000 -16% $19.48 52,623 01 Jun 2023 Direct F1, F2, F3
transaction CRSR Common Stock Options Exercise $77,800 +10,000 +19% $7.78 62,623 02 Jun 2023 Direct F1
transaction CRSR Common Stock Sale $200,000 -10,000 -16% $20.00 52,623 02 Jun 2023 Direct F1, 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 CRSR Stock Option (Right to Buy) Options Exercise $0 -10,000 -1.8% $0.000000 540,000 01 Jun 2023 Common Stock 10,000 $7.78 Direct F4
transaction CRSR Stock Option (Right to Buy) Options Exercise $0 -10,000 -1.9% $0.000000 530,000 02 Jun 2023 Common Stock 10,000 $7.78 Direct F4
* 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 Includes 52,623 restricted stock units.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F3 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.330 to $19.670, inclusive. The reporting person undertakes to provide Corsair Gaming, Inc. (the "Issuer"), any security holder of the 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 range set forth in this footnote.
F4 The stock option has partially vested and will vest with respect to the remainder of the shares annually for 60 months on the same day commencing on November 1, 2019.