Penguin Solutions, Inc. — Director's Dealing 2021

Mar 24, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SMART Global Holdings, Inc. (SGH)
CIK: 0001616533
Period of Report: 2021-03-22

Reporting Person: Kim KiWan (EVP & Pres. EM)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-22	Ordinary Shares	M	12500	$21.55	Acquired	53250	Direct
2021-03-22	Ordinary Shares	S	10961	$46.1355	Disposed	42289	Direct
2021-03-22	Ordinary Shares	S	1539	$46.8153	Disposed	40750	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-22	Employee Stock Option (right to buy)	$21.5500	M	12500	Disposed	2029-01-22	Ordinary Shares (12500)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $45.62 to $46.59. 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.

F2: This transaction was executed in multiple trades at prices ranging from $46.63 to $47.01. 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: The option vested and became exercisable as to 25% on 1/22/2020, and the remaining shares will vest monthly and become exercisable over four years.