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GigaCloud Technology Inc Director's Dealing 2024

Apr 27, 2024

32143_dirs_2024-04-26_21cb007b-008c-4110-b327-d402207b9fb2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GigaCloud Technology Inc (GCT)
CIK: 0001857816
Period of Report: 2024-04-24

Reporting Person: Wu Lei (Director, Chief Executive Officer, 10% Owner)
Reporting Person: JI XIANG HU TONG HOLDINGS LTD (Director, Chief Executive Officer, 10% Owner)
Reporting Person: SHAN LAO HU TONG LLC (Director, Chief Executive Officer, 10% Owner)
Reporting Person: TALENT BOOM GROUP LTD (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-04-24 Class A Ordinary Shares, par value $0.05 per share S 25722 $36.20 Disposed 904094 Indirect
2024-04-24 Class A Ordinary Shares, par value $0.05 per share S 17778 $37 Disposed 886316 Indirect
2024-04-24 Class A Ordinary Shares, par value $0.05 per share S 500 $37.60 Disposed 885816 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Class B Ordinary Shares, par value $0.05 per share $ Class A Ordinary Shares, par value $0.05 per share (8076732) 8076732 Indirect

Footnotes

F1: The shares were sold pursuant to the 10b5-1 plans.

F2: Represents the weighted average sale price. The lowest price at which shares were sold was $35.535 and the highest price at which shares were sold was $36.53.

F3: Lei Wu ("Mr. Wu") is the sole member and sole manager of a limited liability company, Shan Lao Hu Tong LLC, that is the sole shareholder of Ji Xiang Hu Tong Holdings Limited. Mr. Wu also controls TALENT BOOM GROUP LIMITED. As a result of these relationships, Mr. Wu may be deemed to be an indirect beneficial owner of the securities held by Ji Xiang Hu Tong Holdings Limited and TALENT BOOM GROUP LIMITED.

F4: Represents Class A ordinary shares, par value of US$0.05 per share, of the Issuer ("Class A Ordinary Shares") directly held by Ji Xiang Hu Tong Holdings Limited and TALENT BOOM GROUP LIMITED.

F5: 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 of Securities Exchange Act of 1934, as amended, or for any other purpose.

F6: Represents the weighted average sale price. The lowest price at which shares were sold was $36.55 and the highest price at which shares were sold was $37.525.

F7: Represents the weighted average sale price. The lowest price at which shares were sold was $37.58 and the highest price at which shares were sold was $37.63.

F8: The Class B Ordinary Shares are convertible at any time at the option of the holder into an equal number of Class A Ordinary Shares at no cost.

F9: Represents Class B ordinary shares, par value of US$0.05 per share, of the Issuer ("Class B Ordinary Shares") directly held by Ji Xiang Hu Tong Holdings Limited and TALENT BOOM GROUP LIMITED.