SEC Form 4 · accession 0001394410-19-000002
GSI TECHNOLOGY INC · GSIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Didier Lasserre
Officer — VP, Sales
Period of report
Feb 5, 2019
Accepted (ET)
Feb 6, 2019 · 3:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001126741
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 5, 2019 | M | 20,625 | $2.43 | A | 284,229 | D | |
| Common StockF1,F2 | Feb 5, 2019 | S | 10,625 | $7.6686 | D | 275,121 | D | |
| Common Stock | holding | — | — | — | 263,604 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy) | $2.43 | Feb 5, 2019 | M | 20,625 | A | Nov 3, 2012 | Feb 9, 2019 | Common Stock | 20,625 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.65 to $7.69, inclusive. The reporting person undertakes to provide to Issuer, any security holder of 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 ranges set forth in footnote (1) to this Form 4.
- F2Includes an aggregate of 1,517 shares acquired under the GSIT employee stock purchase plan on May 16, 2018 and November 16, 2018.