GSI TECHNOLOGY INC — Director's Dealing 2020

Apr 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GSI TECHNOLOGY INC (GSIT)
CIK: 0001126741
Period of Report: 2020-04-03

Reporting Person: Wu Bor-Tay (VP, Taiwan Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-03	Common Stock	M	10002	$6.00	Acquired	922502	Direct
2020-04-03	Common Stock	S	10002	$8.1036	Disposed	912500	Direct
2020-04-06	Common Stock	M	29998	$6.00	Acquired	942498	Direct
2020-04-06	Common Stock	S	29998	$8.10	Disposed	912500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-03	Stock Option (right to buy)	$6.00	M	10002	Disposed	2020-05-10	Common Stock (10002)	Direct
2020-04-06	Stock Option (right to buy)	$6.00	M	29998	Disposed	2020-05-10	Common Stock (29998)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	912500	Direct

Footnotes

F1: The reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 20, 2020.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.10 to $8.13, 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 (2) to this Form 4.