Charles Liang - Oct 27, 2023 Form 4 Insider Report for Super Micro Computer, Inc. (SMCI)

Role
President and CEO, Director, 10%+ Owner
Signature
/s/ David E Weigand, Attorney-In-Fact
Stock symbol
SMCI
Transactions as of
Oct 27, 2023
Transactions value $
-$197,346
Form type
4
Date filed
10/31/2023, 04:59 PM
Previous filing
Sep 21, 2023
Next filing
Nov 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMCI Common Stock Options Exercise $22.2K +524 +20.99% $42.35* 3.02K Oct 27, 2023 By Spouse F1
transaction SMCI Common Stock Options Exercise $14.6K +437 +14.47% $33.36* 3.46K Oct 27, 2023 By Spouse F1
transaction SMCI Common Stock Sale -$234K -961 -27.79% $243.62 2.5K Oct 27, 2023 By Spouse F1, F2
holding SMCI Common Stock 6.72M Oct 27, 2023 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 SMCI Employee Stock Option (right to buy) Options Exercise $0 -524 -14.27% $0.00 3.15K Oct 27, 2023 Common Stock 524 $42.35 By Spouse F3
transaction SMCI Employee Stock Option (right to buy) Options Exercise $0 -437 -49.94% $0.00 438 Oct 27, 2023 Common Stock 437 $33.36 By Spouse F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option exercises and broker-assisted sales transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person's spouse on February 23, 2023 during the Company's open window period (the "Trading Plan").
F2 The price reported here is a weighted average price. The shares were sold in multiple transactions at prices ranging from $243.4821 to $243.9485, inclusive. The Reporting Person's spouse undertakes to provide to Super Micro Computer, Inc., any security holder of Super Micro Computer, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F3 Subject to the Reporting Person's spouse's continued service to the Issuer, the total number of shares subject to the option shall vest and become exercisable at the rate of 1/4th of the shares on the first anniversary of the vesting commencement date on April 27, 2022, and 1/16th at the end of each successive calendar quarter thereafter.
F4 Subject to the Reporting Person's spouse's continued service to the Issuer, the total number of shares subject to the option shall vest and become exercisable at the rate of 1/4th of the shares on the first anniversary of the vesting commencement date on January 27, 2021, and 1/16th at the end of each successive calendar quarter thereafter.