GSI TECHNOLOGY INC — Director's Dealing 2020

Feb 7, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GSI TECHNOLOGY INC (GSIT)
CIK: 0001126741
Period of Report: 2020-02-05

Reporting Person: Lasserre Didier (VP, Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-05	Common Stock	M	1802	$4.43	Acquired	278724	Direct
2020-02-05	Common Stock	S	1802	$8.0128	Disposed	276922	Direct
2020-02-06	Common Stock	M	6000	$4.43	Acquired	282922	Direct
2020-02-06	Common Stock	S	6000	$7.9001	Disposed	276922	Direct
2020-02-07	Common Stock	M	12823	$4.43	Acquired	289745	Direct
2020-02-07	Common Stock	S	4000	$7.6588	Disposed	285745	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-05	Stock Option (right to buy)	$4.43	M	1802	Disposed	2020-02-08	Common Stock (1802)	Direct
2020-02-06	Stock Option (right to buy)	$4.43	M	6000	Disposed	2020-02-08	Common Stock (6000)	Direct
2020-02-07	Stock Option (right to buy)	$4.43	M	12823	Disposed	2020-02-08	Common Stock (12823)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	276922	Direct

Footnotes

F1: Includes an aggregate of 1,801 shares acquired under the GSIT employee stock purchase plan on May 15, 2019 and November 15, 2019.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.95 to $8.03, 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.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.90 to $7.905, 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 (3) to this Form 4.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.64 to $7.665, 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 (4) to this Form 4.