SEC Form 4 · accession 0001394670-18-000003
GSI TECHNOLOGY INC · GSIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Bor-Tay Wu
Officer — VP, Taiwan Operations
Period of report
May 2, 2018
Accepted (ET)
May 4, 2018 · 4:49 pm EDT
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 | May 2, 2018 | M | 10,000 | $4.30 | A | 922,500 | I | Self as Co-Trustee for Yau Revocable Trust |
| Common StockF2 | May 2, 2018 | S | 10,000 | $7.5789 | D | 912,500 | I | Self as Co-Trustee for Yau Revocable Trust |
| Common Stock | May 3, 2018 | M | 4,590 | $4.30 | A | 917,090 | I | Self as Co-Trustee for Yau Revocable Trust |
| Common StockF3 | May 3, 2018 | S | 4,590 | $7.2681 | D | 912,500 | I | Self as Co-Trustee for Yau Revocable Trust |
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) | $4.30 | May 2, 2018 | M | 10,000 | D | Jan 13, 2012 | May 12, 2018 | Common Stock | 10,000 | 10,625 | D |
| Stock Option (right to buy) | $4.30 | May 3, 2018 | M | 4,590 | D | Jan 13, 2012 | May 12, 2018 | Common Stock | 4,590 | 6,035 | D |
Explanation of responses
- F1The reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 21, 2018.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.53 to $7.60, 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 (2) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.25 to $7.30, 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 (3) to this Form 4.