Penguin Solutions, Inc. — Director's Dealing 2020

Dec 23, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SMART Global Holdings, Inc. (SGH)
CIK: 0001616533
Period of Report: 2020-12-21

Reporting Person: Pacheco Jack A (EVP, CFO, COO, Pres SMART Mem)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-21	Ordinary Shares	M	2230	$24.93	Acquired	101402	Direct
2020-12-21	Ordinary Shares	M	753	$11.55	Acquired	102155	Direct
2020-12-21	Ordinary Shares	S	2983	$32.9289	Disposed	99172	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-21	Employee Stock Option (right to buy)	$24.93	M	2230	Disposed	2024-09-22	Ordinary Shares (2230)	Direct
2020-12-21	Employee Stock Option (right to buy)	$11.55	M	753	Disposed	2026-05-23	Ordinary Shares (753)	Direct

Footnotes

F1: Includes 2,983 shares sold in connection with a divorce settlement agreement.

F2: This transaction was executed in multiple trades at prices ranging from $32.59 to $33.33. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: The original option vested 25% on September 23, 2015 with the remainder vesting monthly through September 23, 2018.

F4: The original option vested 50% in May 2017 with the remainder vesting quarterly through May 2018.