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Super Micro Computer, Inc. — Director's Dealing 2024
Feb 13, 2024
17831_dirs_2024-02-13_6c6af64f-c0e1-4963-8dcd-e1c7a496be5b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Super Micro Computer, Inc. (SMCI)
CIK: 0001375365
Period of Report: 2024-02-10
Reporting Person: Liu Liang Chiu-Chu Sara (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-10 | Common Stock | M | 197 | — | Acquired | 2911 | Direct |
| 2024-02-10 | Common Stock | F | 71 | $740.29 | Disposed | 2840 | Direct |
| 2024-02-10 | Common Stock | M | 236 | — | Acquired | 3076 | Direct |
| 2024-02-10 | Common Stock | F | 94 | $740.29 | Disposed | 2982 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-10 | Restricted Stock Units | $ | M | 197 | Disposed | Common Stock (197) | Direct | |
| 2024-02-10 | Restricted Stock Units | $ | M | 236 | Disposed | Common Stock (236) | Direct | |
| 2024-02-12 | Employee Stock Option (right to buy) | $45 | A | 200000 | Acquired | 2031-03-02 | Common Stock (200000) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 6666417 | Indirect |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of SMCI common stock.
F2: Subject to the Reporting Person's continued service to the Issuer, the restricted stock units vest at the rate of 25% of the total number of units on February 10, 2021 and 1/16th of the total number of units at the end of each of the next twelve 3-month periods thereafter. Vested units are settled in shares of SMCI common stock.
F3: Subject to the Reporting Person's continued service to the Issuer, the restricted stock units vest at the rate of 25% of the total number of units on May 10, 2022 and 1/16th of the total number of units at the end of each of the next twelve 3-month periods thereafter. Vested units are settled in shares of SMCI common stock.
F4: On March 2, 2021, the Reporting Person's spouse was granted a performance-based stock option award to purchase up to 1,000,000 shares of common stock (the "Award") if and to the extent the five equal tranches of the Award are earned based on the achievement of certain absolute revenue and stock price goals. On February 12, 2024, achievement of the revenue goal for the fifth tranche of 200,000 shares under the Award was certified, which resulted in the creation of the derivative security reported in this filing. The applicable $120 stock price goal achievement for the fifth tranche had previously been certified, and, as a result, the 200,000 shares associated therewith were earned and became exercisable.