GSIT Form 4: Director gets 5,412 options at $9.7 exercise price
GSI Technology (GSIT) reported a Form 4 for a director showing a grant of 5,412 stock options at an exercise price of $9.7 on 11/03/2025 (Code A).
Rhea-AI Filing Summary
GSI Technology (GSIT) reported a Form 4 for a director showing a grant of 5,412 stock options at an exercise price of $9.7 on 11/03/2025 (Code A). The options were acquired at a derivative price of $0 and are held directly.
The award vests 100% on 08/15/2026 and expires on 11/03/2035. If a Change in Control occurs before 08/15/2026, the unvested portion will vest immediately prior to the transaction. Following the grant, the reported beneficial ownership in derivative securities is 5,412.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 5,412 | $0.00 | $0.00 |
Footnotes (2)
- F1. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on August 15, 2026.
- F2. 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
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What did GSIT disclose on Form 4?
What are the vesting and expiration terms of the GSIT options?
How many derivative securities does the insider hold after the transaction?
What triggers accelerated vesting for the GSIT options?
What was the price paid for the derivative security?
AI-generated analysis. How Rhea-AI works. Not financial advice.