Form 4 for SMCI Supermicro
Accepted 2025-02-28 00:00:00 ET · period of report 2025-02-26 · accession 0001758554-25-000016 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2025-02-28 | 2025-02-26 | SMCI | Liang Charles | Pres, CEO, Dir, 10% | S - Sale | $50.17 | -46.3K | 0 | -100% | -$2.32M |
| D | 2025-02-28 | 2025-02-27 | SMCI | Liang Charles | Pres, CEO, Dir, 10% | A - Grant | $0.00 | +1.00M | 1.00M | New | $0 |
| DI | 2025-02-28 | 2025-02-27 | SMCI | Liang Charles | Pres, CEO, Dir, 10% | A - Grant | $0.00 | +2,040 | 2,040 | 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 | 2025-02-26 | S | D | 46,293 | $50.17 | 0 | I By Spouse | — | — | (F1) The price reported here is a weighted average price. The shares were sold in multiple transactions at prices ranging from $50.105 to $50.33, inclusive. The reporting person's spouse undertakes to provide to Super Micro Computer, Inc., any security holder of Super Micro Computer, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. |
| 2 | Derivative | Employee Stock Option (right to buy) | 2025-02-27 | A | A | 1,000,000 | $0.00 | 1,000,000 | D | $45.00 · — to 2033-11-14 | 1,000,000 Common Stock | (F4) On November 14, 2023, the Reporting Person was granted a performance-based stock option award to purchase up to 5,000,000 shares (after giving effect to the Issuer's 10 for 1 stock split) 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 27, 2025, achievement of the revenue goal for the first tranche of 1,000,000 shares (after giving effect to the Issuer's 10 for 1 stock split) under the Award was certified, which resulted in the creation of the derivative security reported in this filing. The applicable $45 stock price (after giving effect to the Issuer's 10 for 1 stock split) goal achievement for the first tranche had previously been certified, and, as a result, the 1,000,000 shares (after giving effect to the Issuer's 10 for 1 stock split) associated therewith were earned and became exercisable. |
| 3 | Derivative | Restricted Stock Units | 2025-02-27 | A | A | 2,040 | $0.00 | 2,040 | I By Spouse | — · — to — | 2,040 Common Stock | (F2) 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 in four equal annual increments on July 1 of each year, beginning on July 1, 2025. Vested units are settled in shares of SMCI common stock. |