Charles Liang - Oct 30, 2024 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 30, 2024
Transactions value $
-$24,842,030
Form type
4
Date filed
11/1/2024, 06:13 PM
Previous filing
Aug 13, 2024
Next filing
Nov 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMCI Common Stock Options Exercise $5.85M +1.67M +2.5% $3.51 68.3M Oct 30, 2024 Direct F1
transaction SMCI Common Stock Tax liability -$30.7M -928K -1.36% $33.07 67.4M Oct 30, 2024 Direct F1, F2
holding SMCI Common Stock 42.3K Oct 30, 2024 By Spouse 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 SMCI Employee Stock Option (right to buy) Options Exercise $0 -1.67M -100% $0.00 0 Oct 30, 2024 Common Stock 1.67M $3.51 Direct F3, F4
transaction SMCI Restricted Stock Units Award $0 +6K $0.00 6K Oct 30, 2024 Common Stock 6K By Spouse F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Adjusted to reflect a ten-for-one forward split of the Issuer's common stock effective after market close on September 30, 2024.
F2 These transactions reflect Mr. Liang's exercise of a stock option granted in 2015 which expires soon. No shares were sold into (or otherwise entered) the public market, and Mr. Liang did not receive any cash proceeds from this transaction. Instead, the Company withheld shares to pay the exercise price and minimum withholding taxes required by law. All withheld shares were retained by the Company. Of the 1,667,500 shares subject to the option, Mr. Liang retained 739,470 shares after a total of 928,030 shares were withheld.
F3 This option was previously reported as covering 10x fewer shares at a 10x greater exercise price, but was equitably adjusted in connection with the ten-for-one forward split.
F4 This stock option is fully vested and exercisable.
F5 Each restricted stock unit represents a contingent right to receive one share of SMCI common stock.
F6 Subject to the Reporting Person's spouse's continued service to the Issuer, the restricted stock units vest 100% on October 30, 2025. Vested units are settled in shares of SMCI common stock.