Form 4 for GCT GigaCloud Technology Inc
Accepted 2024-05-21 00:00:00 ET · period of report 2024-05-17 · accession 0001857816-24-000149 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2024-05-21 | 2024-05-17 | GCT | JI XIANG HU TONG HOLDINGS LTD | CEO, Dir, 10% | S - Sale | $36.88 | -14.2K | 100.0K | -12% | -$523.3K |
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 | Class A Ordinary Shares, par value $0.05 per share | 2024-05-17 | S | D | 10,924 | $37.06 | 100,456 | I By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited | — | — | (F6) Represents the weighted average sale price. The lowest price at which shares were sold was $36.56 and the highest price at which shares were sold was $37.50. (F5) This report shall not be deemed an admission that any of the reporting persons is the beneficial owner of such securities for purposes of Section 16 of Securities Exchange Act of 1934, as amended, or for any other purpose. (F3) Lei Wu ("Mr. Wu") is the sole member and sole manager of a limited liability company, Shan Lao Hu Tong LLC, that is the sole shareholder of Ji Xiang Hu Tong Holdings Limited. As a result of these relationships, Mr. Wu may be deemed to be an indirect beneficial owner of the securities held by Ji Xiang Hu Tong Holdings Limited. (F4) Represents Class A ordinary shares, par value of US$0.05 per share, of the Issuer ("Class A Ordinary Shares") directly held by Ji Xiang Hu Tong Holdings Limited. |
| 2 | Common | Class A Ordinary Shares, par value $0.05 per share | 2024-05-17 | S | D | 2,810 | $36.03 | 111,380 | I By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited | — | — | (F2) Represents the weighted average sale price. The lowest price at which shares were sold was $35.56 and the highest price at which shares were sold was $36.53. (F5) This report shall not be deemed an admission that any of the reporting persons is the beneficial owner of such securities for purposes of Section 16 of Securities Exchange Act of 1934, as amended, or for any other purpose. (F3) Lei Wu ("Mr. Wu") is the sole member and sole manager of a limited liability company, Shan Lao Hu Tong LLC, that is the sole shareholder of Ji Xiang Hu Tong Holdings Limited. As a result of these relationships, Mr. Wu may be deemed to be an indirect beneficial owner of the securities held by Ji Xiang Hu Tong Holdings Limited. (F4) Represents Class A ordinary shares, par value of US$0.05 per share, of the Issuer ("Class A Ordinary Shares") directly held by Ji Xiang Hu Tong Holdings Limited. |
| 3 | Common | Class A Ordinary Shares, par value $0.05 per share | 2024-05-17 | S | D | 456 | $37.80 | 100,000 | I By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited | — | — | (F7) Represents the weighted average sale price. The lowest price at which shares were sold was $37.7 and the highest price at which shares were sold was $37.98. (F5) This report shall not be deemed an admission that any of the reporting persons is the beneficial owner of such securities for purposes of Section 16 of Securities Exchange Act of 1934, as amended, or for any other purpose. (F3) Lei Wu ("Mr. Wu") is the sole member and sole manager of a limited liability company, Shan Lao Hu Tong LLC, that is the sole shareholder of Ji Xiang Hu Tong Holdings Limited. As a result of these relationships, Mr. Wu may be deemed to be an indirect beneficial owner of the securities held by Ji Xiang Hu Tong Holdings Limited. (F4) Represents Class A ordinary shares, par value of US$0.05 per share, of the Issuer ("Class A Ordinary Shares") directly held by Ji Xiang Hu Tong Holdings Limited. |