Form 4 for SMCI Supermicro
Accepted 2024-11-01 00:00:00 ET · period of report 2024-10-30 · accession 0001758554-24-000090 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-11-01 | 2024-10-30 | SMCI | Liang Charles | Pres, CEO, Dir, 10% | M - OptEx | $3.51 | +1.67M | 68.33M | +3% | +$5.85M |
| D | 2024-11-01 | 2024-10-30 | SMCI | Liang Charles | Pres, CEO, Dir, 10% | F - Tax | $33.07 | -928.0K | 67.40M | -1% | -$30.69M |
| D | 2024-11-01 | 2024-10-30 | SMCI | Liang Charles | Pres, CEO, Dir, 10% | M - OptEx | $0.00 | -1.67M | 0 | -100% | $0 |
| DI | 2024-11-01 | 2024-10-30 | SMCI | Liang Charles | Pres, CEO, Dir, 10% | A - Grant | $0.00 | +6,000 | 6,000 | New | $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 | 2024-10-30 | M | A | 1,667,500 | $3.51 | 68,331,670 | D | — | — | (F1) Adjusted to reflect a ten-for-one forward split of the Issuer's common stock effective after market close on September 30, 2024. |
| 2 | Common | Common Stock | 2024-10-30 | F | D | 928,030 | $33.07 | 67,403,640 | D | — | — | (F2) These transactions reflect Mr. Liang's exercise of a stock option granted in 2015 which expires soon. No shares were sold into (or otherwise entered) the public market, and Mr. Liang did not receive any cash proceeds from this transaction. Instead, the Company withheld shares to pay the exercise price and minimum withholding taxes required by law. All withheld shares were retained by the Company. Of the 1,667,500 shares subject to the option, Mr. Liang retained 739,470 shares after a total of 928,030 shares were withheld. (F1) Adjusted to reflect a ten-for-one forward split of the Issuer's common stock effective after market close on September 30, 2024. |
| 3 | Derivative | Employee Stock Option (right to buy) | 2024-10-30 | M | D | 1,667,500 | $0.00 | 0 | D By Spouse | $3.51 · — to 2025-01-19 | 1,667,500 Common Stock | (F3) This option was previously reported as covering 10x fewer shares at a 10x greater exercise price, but was equitably adjusted in connection with the ten-for-one forward split. (F4) This stock option is fully vested and exercisable. |
| 4 | Derivative | Restricted Stock Units | 2024-10-30 | A | A | 6,000 | $0.00 | 6,000 | I | — · — to — | 6,000 Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one share of SMCI common stock. (F6) Subject to the Reporting Person's spouse's continued service to the Issuer, the restricted stock units vest 100% on October 30, 2025. Vested units are settled in shares of SMCI common stock. |