SEC Form 4 · accession 0001104659-26-071994
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
Jun 5, 2026
Accepted (ET)
Jun 9, 2026 · 9:30 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001282631
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 5, 2026 | A | 856,500 | $0.00 | A | 8,716,887 | D | |
| Common StockF3,F2 | Jun 8, 2026 | S | 40,000 | $2.7188 | D | 8,676,887 | D | |
| Common Stock | holding | — | — | — | 3,511,177 | I | Hong-Cha Property Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares subject to the restricted stock units (the "RSUs") vest over a period of four years, with 1/4 of such shares vesting on each anniversary of June 9, 2026. 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.
- F2The amount reported includes shares subject to unvested RSUs.
- F3The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.51 to $2.81 per share. The reporting person undertakes to provide 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 range set forth in this footnote.