Netlist, Inc. — Director's Dealing 2013

Mar 25, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETLIST INC (NLST)
CIK: 0001282631
Period of Report: 2013-03-22

Reporting Person: Hong Chun K (Director, President, CEO and Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-22	Common Stock	J	350000	$4.286	Acquired	5618750	Indirect
2013-03-22	Common Stock	J	350000	$4.286	Acquired	5967750	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	85568	Direct

Footnotes

F1: The shares were acquired upon cancellation of non-recourse promissory notes from a third party. The third party acquired the shares from the Reporting person prior to the issuer's initial public offering in consideration for the issuance of the non-recourse promissory notes.