Chun K. Hong - May 14, 2024 Form 4 Insider Report for NETLIST INC (NLST)

Role
President, CEO and Chairman, Director
Signature
/s/ Gail Sasaki, Attorney-in-Fact
Stock symbol
NLST
Transactions as of
May 14, 2024
Transactions value $
$0
Form type
4
Date filed
5/16/2024, 03:00 PM
Previous filing
Mar 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NLST Common Stock Award $0 +750K +34.5% $0.00 2.92M May 14, 2024 Direct F1, F2
holding NLST Common Stock 3.61M May 14, 2024 Hong-Cha Property Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units (RSUs) granted on May 14, 2024 vest in installments of 187,500 beginning on May 15, 2025 one time per year through May 15, 2028. The shares will be delivered to the reporting person upon vesting of the RSUs. Each RSU represents a contingent right to receive one share of common stock.
F2 The amount reported includes shares subject to unvested restricted stock units.