SEC Form 4 · accession 0001394413-17-000002
GSI TECHNOLOGY INC · GSIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lee-Lean Shu
Officer — President, CEO and Chairman · Director · 10% Owner
Period of report
Mar 2, 2017
Accepted (ET)
Mar 3, 2017 · 3:20 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 StockF1,F2 | Mar 2, 2017 | S | 31,875 | $6.9869 | D | 1,682,417 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 13, 2017.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.95 to $7.04, inclusive. The reporting person undertakes to provide to 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 ranges set forth in footnote (2) to this Form 4.