SEC Form 4 · accession 0001394447-17-000002
GSI TECHNOLOGY INC · GSIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ping Tak Wu
Officer — VP, U.S. Operations
Period of report
Feb 28, 2017
Accepted (ET)
Mar 1, 2017 · 5:41 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 | Feb 28, 2017 | M | 20,625 | $2.49 | A | 123,101 | D | |
| Common StockF2 | Feb 28, 2017 | S | 20,625 | $6.9668 | D | 102,476 | 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) | $2.49 | Feb 28, 2017 | D | 20,625 | A | Sep 5, 2011 | Nov 5, 2017 | Common Stock | 20,625 | 0 | D |
Explanation of responses
- F1Reflects ESPP allocations and dispositions that have occurred since the date of the reporting person's last ownership report.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.96 to $6.98, 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 (1) to this Form 4.