Form 4 for SMCI Supermicro
Accepted 2024-02-13 00:00:00 ET · period of report 2024-02-10 · accession 0001758554-24-000015 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2024-02-13 | 2024-02-10 | SMCI | Liang Charles | Pres, CEO, Dir, 10% | M - OptEx | — | +433 | 3,076 | +16% | — |
| DMI | 2024-02-13 | 2024-02-10 | SMCI | Liang Charles | Pres, CEO, Dir, 10% | F - Tax | $740.29 | -165 | 2,982 | -5% | -$122.1K |
| DMI | 2024-02-13 | 2024-02-10 | SMCI | Liang Charles | Pres, CEO, Dir, 10% | M - OptEx | $0.00 | -433 | 1,182 | -27% | $0 |
| D | 2024-02-13 | 2024-02-12 | SMCI | Liang Charles | Pres, CEO, Dir, 10% | A - Grant | $0.00 | +200.0K | 1.00M | +25% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-10 | M | A | 197 | — | 2,911 | I By Spouse | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of SMCI common stock. |
| 2 | Common | Common Stock | 2024-02-10 | F | D | 71 | $740.29 | 2,840 | I By Spouse | — | — | |
| 3 | Common | Common Stock | 2024-02-10 | M | A | 236 | — | 3,076 | I By Spouse | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of SMCI common stock. |
| 4 | Common | Common Stock | 2024-02-10 | F | D | 94 | $740.29 | 2,982 | I By Spouse | — | — | |
| 5 | Derivative | Restricted Stock Units | 2024-02-10 | M | D | 197 | $0.00 | 0 | I By Spouse | — · — to — | 197 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of SMCI common stock. (F2) Subject to the Reporting Person's spouse's continued service to the Issuer, the restricted stock units vest at the rate of 25% of the total number of units on February 10, 2021 and 1/16th of the total number of units at the end of each of the next twelve 3-month periods thereafter. Vested units are settled in shares of SMCI common stock. |
| 6 | Derivative | Employee Stock Option (right to buy) | 2024-02-12 | A | A | 200,000 | $0.00 | 1,000,000 | D | $45.00 · — to 2031-03-02 | 200,000 Common Stock | (F4) On March 2, 2021, the Reporting Person was granted a performance-based stock option award to purchase up to 1,000,000 shares of common stock (the "Award") if and to the extent the five equal tranches of the Award are earned based on the achievement of certain absolute revenue and stock price goals. On February 12, 2024, achievement of the revenue goal for the fifth tranche of 200,000 shares under the Award was certified, which resulted in the creation of the derivative security reported in this filing. The applicable $120 stock price goal achievement for the fifth tranche had previously been certified, and, as a result, the 200,000 shares associated therewith were earned and became exercisable. |
| 7 | Derivative | Restricted Stock Units | 2024-02-10 | M | D | 236 | $0.00 | 1,182 | I By Spouse | — · — to — | 236 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of SMCI common stock. (F3) Subject to the Reporting Person's spouse's continued service to the Issuer, the restricted stock units vest at the rate of 25% of the total number of units on May 10, 2022 and 1/16th of the total number of units at the end of each of the next twelve 3-month periods thereafter. Vested units are settled in shares of SMCI common stock. |