Netlist, Inc. — Director's Dealing 2020

Mar 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETLIST INC (NLST)
CIK: 0001282631
Period of Report: 2020-03-06

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-06	Common Stock	F	37119	$0.3143	Disposed	998369	Direct
2020-03-06	Common Stock	A	300000	$0.00	Acquired	1298369	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8958208	Indirect

Footnotes

F1: Represents shares being withheld by issuer to satisfy tax withholding obligations associated with the vesting of restricted stock.

F2: These restricted stock units (RSUs) granted on March 6, 2020 vest in installments of 37,500 beginning on September 8, 2020 semi-annually through March 6, 2024. The shares will be delivered to the reporting person upon vesting of the RSUs. Each RSU represents a contingent right to receive one share of common stock.