GSIT Form 4: Director awarded 5,412 options, vesting Aug 2026
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GSI Technology (GSIT) reported an insider equity award on a Form 4. A company director received a stock option for 5,412 shares of common stock at an exercise price of $9.7 per share, dated 11/03/2025, with the award recorded as acquired.
The option vests 100% on August 15, 2026, subject to continued service. It also provides for 100% vesting of the unvested portion immediately prior to, but contingent upon, a Change in Control occurring before August 15, 2026. The option expires on 11/03/2035. Following the transaction, the director beneficially owned 5,412 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lu Ruey-Lin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 5,412 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 5,412 shares (Direct)
Footnotes (1)
- Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on August 15, 2026. Reporting Person shall vest in 100% of the unvested and outstanding portion of the option immediately prior to, but contingent upon, the consummation of a Change in Control prior to August 15, 2026.
FAQ
What did GSI Technology (GSIT) disclose on this Form 4?
A director received a stock option for 5,412 shares at an exercise price of $9.7 per share on 11/03/2025.
When do the GSIT director’s options vest?
They vest 100% on August 15, 2026, subject to continued service.
Is there acceleration on change in control for GSIT’s option grant?
Yes. The unvested portion vests 100% immediately prior to, but contingent upon, a Change in Control before August 15, 2026.
What is the option expiration date for the GSIT grant?
The option expires on 11/03/2035.
How many derivative securities does the director hold after this transaction?
The director beneficially owned 5,412 derivative securities directly after the transaction.
What was the price paid for the option itself?
The filing lists the price of the derivative security as $0, reflecting a grant rather than a purchase.