Penguin Solutions, Inc. — Director's Dealing 2020

Nov 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SMART Global Holdings, Inc. (SGH)
CIK: 0001616533
Period of Report: 2020-11-06

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-06	Ordinary Shares	M	2100	$24.9300	Acquired	86272	Direct
2020-11-06	Ordinary Shares	S	3495	$30.0021	Disposed	82777	Direct
2020-11-09	Ordinary Shares	M	35400	$24.93	Acquired	118177	Direct
2020-11-09	Ordinary Shares	S	49005	$30.3092	Disposed	69172	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-06	Employee Stock Option (right to buy)	$24.93	M	2100	Disposed	2024-09-22	Ordinary Shares (2100)	Direct
2020-11-09	Employee Stock Option (right to buy)	$24.93	M	35400	Disposed	2024-09-22	Ordinary Shares (35400)	Direct

Footnotes

F1: Includes 2,100 shares sold in connection with a divorce settlement agreement.

F2: This transaction was executed in multiple trades at prices ranging from $30.00 to $30.01. 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: Includes 35,400 shares sold in connection with a divorce settlement agreement.

F4: This transaction was executed in multiple trades at prices ranging from $30.00 to $30.99. 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.

F5: The original option vested 25% on September 23, 2015 with the remainder vesting monthly through September 23, 2018.