GSI TECHNOLOGY INC — Director's Dealing 2017

May 10, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GSI TECHNOLOGY INC (GSIT)
CIK: 0001126741
Period of Report: 2017-05-10

Reporting Person: Schirle Douglas (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-10	Common Stock	M	20625	$3.76	Acquired	50625	Direct
2017-05-10	Common Stock	S	20625	$8.2915	Disposed	30000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-10	Stock Option (right to buy)	$3.76	M	20625	Disposed	2017-08-06	Common Stock (20625)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.20 to $8.38, 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 (1) to this Form 4.