GSI Technology grants CFO 40,000 stock options
GSI Technology Inc. reported that its CFO, Douglas M. Schirle, received a grant of stock options.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
GSI Technology Inc. reported that its CFO, Douglas M. Schirle, received a grant of stock options. The award covers 40,000 stock options to purchase Common Stock at an exercise price of $6.76 per share, expiring on August 13, 2036. Subject to his continued service, the options vest and become 100% exercisable on June 3, 2030, after which he will be able to buy up to 40,000 shares at the fixed exercise price.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F1 | 40,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on June 3, 2030.
Key Figures
Key Terms
Stock Option (right to buy) financial
exercise price financial
vesting financial
expiration date financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GSI Technology (GSIT) disclose in this Form 4 for its CFO?
How many stock options were granted to the CFO of GSI Technology (GSIT)?
What is the exercise price of the new stock options reported by GSIT?
When do the GSI Technology (GSIT) CFO’s options vest and become exercisable?
What is the expiration date of the GSIT stock options granted to the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.