GigaCloud Technology Inc — Director's Dealing 2024

Jun 27, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GigaCloud Technology Inc (GCT)
CIK: 0001857816
Period of Report: 2024-06-24

Reporting Person: Lin Frank Hurst (Director, 10% Owner)
Reporting Person: Bonner Matthew C. (Director, 10% Owner)
Reporting Person: DCM IV L P (Director, 10% Owner)
Reporting Person: DCM Affiliates Fund IV L P (Director, 10% Owner)
Reporting Person: DCM Investment Management IV, L.P. (Director, 10% Owner)
Reporting Person: DCM International IV, Ltd (Director, 10% Owner)
Reporting Person: DCM IX, L.P. (Director, 10% Owner)
Reporting Person: DCM Affiliates Fund IX, L.P. (Director, 10% Owner)
Reporting Person: DCM Investment Management IX, L.P. (Director, 10% Owner)
Reporting Person: DCM International IX, Ltd. (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-06-24	Class A Ordinary Shares, par value $0.05 per share	S	59984	$29.2636	Disposed	4528889	Indirect
2024-06-25	Class A Ordinary Shares, par value $0.05 per share	S	81037	$29.8295	Disposed	4447852	Indirect
2024-06-25	Class A Ordinary Shares, par value $0.05 per share	S	500	$30.30	Disposed	4447352	Indirect

Footnotes

F1: An aggregate of 58,497 class A ordinary shares was sold by DCM IV, L.P ("DCM IV") and an aggregate of 1,487 class A ordinary shares was sold by DCM Affiliates Fund IV, L.P. ("Affiliates IV") on June 24, 2024.

F2: Represents the weighted average sale price. The lowest price at which shares were sold was $28.8 and the highest price at which shares were sold was $29.68.

F3: Includes class A ordinary shares directly held by each of DCM IV, Affiliates IV, DCM IX, L.P. ("DCM IX") and DCM Affiliates Fund IX, L.P. ("Affiliates IX").

F4: DCM Investment Management IV, L.P. ("DGP IV") is the general partner of each of DCM IV and Affiliates IV. DCM International IV, Ltd. ("UGP IV") is the general partner of DGP IV. DGP IV and UGP IV may each be deemed to have sole voting and investment power over, and may be deemed to be an indirect beneficial owner of, the securities held by DCM IV and Affiliates IV.

F5: DCM Investment Management IX, L.P. ("DGP IX") is the general partner of each of DCM IX and Affiliates IX. DCM International IX, Ltd. ("UGP IX") is the general partner of DGP IX. DGP IX and UGP IX may each be deemed to have sole voting and investment power over, and may be deemed to be an indirect beneficial owner of, the securities held by DCM IX and Affiliates IX.

F6: DGP IV, UGP IV, DGP IX, UGP IX, Lin and Bonner each disclaim beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein. This report shall not be deemed an admission that any of the reporting persons is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F7: Frank Hurst Lin ("Lin") and Matthew C. Bonner ("Bonner") are the directors of UGP IV and UGP IX and may each be deemed to have share voting and investment power with DGP IV, UGP IV and DGP IX and UGP IX over, and may be deemed to be an indirect beneficial owner of, the securities held by DCM IV, Affiliates IV, DCM IX and Affiliates IX. Andre G. Levi ("Levi") is a director of UGP IX and may be deemed to have share voting and investment power with DGP IX and UGP IX over, and may be deemed to be an indirect beneficial owner of, the securities held by DCM IX and Affiliates IX.

F8: An aggregate of 79,515 class A ordinary shares was sold by DCM IV, L.P ("DCM IV") and an aggregate of 2,022 class A ordinary shares was sold by DCM Affiliates Fund IV, L.P. ("Affiliates IV") on June 25, 2024.

F9: Represents the weighted average sale price. The lowest price at which shares were sold was $29.3 and the highest price at which shares were sold was $30.29.