Xinyan Hao - Apr 10, 2024 Form 4 Insider Report for GigaCloud Technology Inc (GCT)

Role
Chief Operating Officer
Signature
/s/ David Kwok Hei Lau, Attorney-in-fact, for each of the reporting persons named herein
Stock symbol
GCT
Transactions as of
Apr 10, 2024
Transactions value $
$0
Form type
4
Date filed
4/12/2024, 08:44 PM
Previous filing
Mar 29, 2024
Next filing
Apr 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GCT Class A Ordinary Shares, par value $0.05 per share Award $0 +12.5K +1.13% $0.00 1.12M Apr 10, 2024 By ICEBERY LIMITED 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 GCT Restricted Share Units Award $0 +12.5K $0.00 12.5K Apr 10, 2024 Class A Ordinary Shares, par value $0.05 per share 12.5K By ICEBERY LIMITED F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Issuer's Class A ordinary shares issued pursuant to restricted share units granted to the Reporting Person under the Issuer's 2017 share incentive plan.
F2 The securities are directly held by ICEBERY LIMITED. Xinyan Hao is the sole shareholder and sole director of ICEBERY LIMITED and may be deemed to be an indirect beneficial owner of the securities held by ICEBERY LIMITED. This report shall not be deemed an admission that any of the reporting persons is the beneficial owner of such securities for purposes of Section 16 of Securities Exchange Act of 1934, as amended, or for any other purpose.
F3 Each Restricted Share Unit ("RSU") represents a contingent right to receive one share of Class A ordinary shares of the Issuer when vested.
F4 The RSUs will be vested at the end of the twelve (12)-month period commencing from the date of grant, subject to continuous service. Vested shares will be delivered to the reporting person following vesting.