GSI Technology VP reports 109,762-share stake
Form 3 for GSIT discloses common-share holdings and multiple option grants for the VP, Taiwan Operations, with vesting beginning November 1, 2026.
Rhea-AI Filing Summary
GSI TECHNOLOGY INC (GSIT) reported an initial ownership statement for officer I-Chi Liao, VP, Taiwan Operations. The filing lists direct ownership of 109,762 shares of common stock as of August 31, 2026, plus multiple employee stock options with exercise prices between $1.92 and $8.09 expiring from 2027 through 2036.
Several option grants are already fully vested, while others vest in tranches starting on November 1, 2026, subject to continued service, including options that vest 100% on that date and others that vest over two, three, or four years.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
Liao I-Chi
Role
VP, Taiwan Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
| holding | Stock Option (right to buy) F2 | -- | -- | -- |
| holding | Stock Option (right to buy) F3 | -- | -- | -- |
| holding | Stock Option (right to buy) F4 | -- | -- | -- |
| holding | Stock Option (right to buy) F5 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 102,202 contracts (Direct);
Common Stock — 109,762 shares (Direct)
Footnotes (5)
- F1. Fully vested.
- F2. Subject to the Reporting Person's continued service to the Issuer, 100% of the option vests on November 1, 2026.
- F3. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes exercisable over 2 years at the rate of 50% on each of November 1, 2026 and November 1, 2027.
- F4. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes exercisable over 3 years at the rate of 33.33% on each of November 1, 2026, November 1, 2027 and 33.34% on November 1, 2028.
- F5. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes exercisable over 4 years at the rate of 25% on each of November 1, 2026, November 1, 2027, November 1, 2028 and November 1, 2029.
Key Figures
Direct common shares held: 109,762 shares
Option exercise price: $6.16 per share
Option exercise price: $8.09 per share
+4 more
7 metrics
Direct common shares held
109,762 shares
Common stock directly owned as of August 31, 2026
Option exercise price
$6.16 per share
Option on 4,702 underlying common shares expiring January 30, 2027
Option exercise price
$8.09 per share
Option on 15,000 underlying common shares expiring January 29, 2028
Option exercise price
$1.98 per share
Option on 3,750 underlying common shares expiring January 30, 2033
Option exercise price
$1.92 per share
Option on 7,500 underlying common shares expiring January 29, 2034
Option exercise price
$2.84 per share
Option on 11,250 underlying common shares expiring February 3, 2035
Latest option expiration
February 2, 2036
Expiration date for an option on 15,000 underlying common shares at $7.23
Key Terms
Stock Option (right to buy), exercise price, underlying common shares, vests and becomes exercisable, +1 more
5 terms
Stock Option (right to buy) financial
"Title describing the derivative award as a Stock Option (right to buy)"
exercise price financial
"Each stock option lists an exercise price in dollars per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vests and becomes exercisable financial
"Footnotes explain when each option vests and becomes exercisable"
continued service financial
"Vesting of several options is subject to the reporting person’s continued service"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the GSIT Form 3 filing disclose about I-Chi Liao's role?
The Form 3 states that I-Chi Liao is an officer of GSI TECHNOLOGY INC, serving as VP, Taiwan Operations, and reports this person’s initial beneficial ownership of the company’s securities.
What stock options for GSIT common stock are reported for I-Chi Liao?
The Form 3 lists several stock options to buy GSIT common stock with exercise prices from $1.92 to $8.09 per share and expiration dates between January 30, 2027 and February 2, 2036, all held directly.
Which GSIT stock options held by I-Chi Liao are fully vested?
Options covering 4,702 shares at $6.16, 15,000 shares at $8.09, 15,000 shares at $7.88, 15,000 shares at $8.06, and 15,000 shares at $7.53 of GSIT common stock are described in the filing as fully vested.
When do the unvested GSIT options for I-Chi Liao begin vesting?
Unvested options begin vesting on November 1, 2026, subject to continued service. One grant vests 100% on that date, while others vest over two, three, or four years with specified annual installment percentages.
Are any GSIT options subject to service-based vesting conditions?
Yes. The filing explains that several option grants vest only if the reporting person continues to serve GSI TECHNOLOGY INC, including grants that vest 100% or in installments on November 1, 2026 and subsequent anniversaries.
AI-generated analysis. How Rhea-AI works. Not financial advice.
