SEC Form 4 · accession 0001104659-19-013665
NETLIST INC · NLST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chun K Hong
Officer — President, CEO and Chairman · Director
Period of report
Mar 6, 2019
Accepted (ET)
Mar 8, 2019 · 5:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001282631
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 6, 2019 | S | 55,190 | $0.5655 | D | 9,803,018 | I | Hong-Cha Property Trust |
| Common Stock | Mar 7, 2019 | S | 94,810 | $0.5458 | D | 9,708,208 | I | Hong-Cha Property Trust |
| Common StockF1 | Mar 7, 2019 | A | 742,500 | $0.00 | A | 1,128,068 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These restricted stock units (RSUs) granted on March 7, 2019 vest in installments of 92,813 beginning on September 7, 2019 semi-annually through March 7, 2023. The shares will be delivered to the reporting person upon vesting of the RSUs. Each RSU represents a contingent right to receive one share of common stock.