Penguin Solutions, Inc. — Director's Dealing 2017

May 24, 2017

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SMART Global Holdings, Inc. (SGH)
CIK: 0001616533
Period of Report: 2017-05-23

Reporting Person: Marten Alan (Sr. VP, Chief Strategy Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares	112666	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$2.64	2018-09-23	Ordinary Shares (26666)		Direct
Employee Stock Option (right to buy)	$2.64	2019-09-29	Ordinary Shares (33333)		Direct
Employee Stock Option (right to buy)	$2.64	2020-09-27	Ordinary Shares (20000)		Direct
Employee Stock Option (right to buy)	$2.64	2017-10-02	Ordinary Shares (8694)		Direct
Employee Stock Option (right to buy)	$11.55	2026-05-23	Ordinary Shares (96922)		Direct
Employee Stock Option (right to buy)	$15.21	2017-03-21	Ordinary Shares (46666)		Direct

Footnotes

F1: Fully vested and exercisable.

F2: 25% vests on the first anniversary of grant, with the remainder vesting monthly through the fourth anniversary of grant.