Form 4 for GCT GigaCloud Technology Inc
Accepted 2025-04-11 00:00:00 ET · period of report 2025-04-10 · accession 0001857816-25-000041 · 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 | 2025-04-11 | 2025-04-10 | GCT | Hao Xinyan | COO | A - Grant | $0.00 | +7,500 | 795.0K | +1.0% | $0 |
| DI | 2025-04-11 | 2025-04-10 | GCT | Hao Xinyan | COO | M - OptEx | $0.00 | +12.5K | 807.5K | +2% | $0 |
| DI | 2025-04-11 | 2025-04-10 | GCT | Hao Xinyan | COO | M - OptEx | $0.00 | -12.5K | 7,500 | -62% | $0 |
| DI | 2025-04-11 | 2025-04-10 | GCT | Hao Xinyan | COO | A - Grant | $0.00 | +7,500 | 20.0K | +60% | $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 | Class A Ordinary Shares, par value $0.05 per share | 2025-04-10 | A | A | 7,500 | $0.00 | 794,986 | I By ICEBERY LIMITED | — | — | (F1) Represents Issuer's Class A ordinary shares issued pursuant to restricted share units granted to the Reporting Person under the Issuer's 2017 share incentive plan. (F2) The securities are directly held by ICEBERY LIMITED. Xinyan Hao is the sole shareholder and sole director of ICEBERY LIMITED and may be deemed to be an indirect beneficial owner of the securities held by ICEBERY LIMITED. 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. |
| 2 | Common | Class A Ordinary Shares, par value $0.05 per share | 2025-04-10 | M | A | 12,500 | $0.00 | 807,486 | I By ICEBERY LIMITED | — | — | (F2) The securities are directly held by ICEBERY LIMITED. Xinyan Hao is the sole shareholder and sole director of ICEBERY LIMITED and may be deemed to be an indirect beneficial owner of the securities held by ICEBERY LIMITED. 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. |
| 3 | Derivative | Restricted Share Units | 2025-04-10 | M | D | 12,500 | $0.00 | 7,500 | I By ICEBERY LIMITED | — · — to — | 12,500 Class A Ordinary Shares, par value $0.05 per share | (F2) The securities are directly held by ICEBERY LIMITED. Xinyan Hao is the sole shareholder and sole director of ICEBERY LIMITED and may be deemed to be an indirect beneficial owner of the securities held by ICEBERY LIMITED. 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) Each Restricted Share Unit ("RSU") represents a contingent right to receive one share of Class A ordinary shares of the Company when vested. (F5) These RSUs, which were granted on April 10, 2024, vest upon the satisfaction of a service condition and have no expiration date. The service condition was fully satisfied on April 10, 2025. |
| 4 | Derivative | Restricted Share Units | 2025-04-10 | A | A | 7,500 | $0.00 | 20,000 | I By ICEBERY LIMITED | — · — to — | 7,500 Class A Ordinary Shares, par value $0.05 per share | (F2) The securities are directly held by ICEBERY LIMITED. Xinyan Hao is the sole shareholder and sole director of ICEBERY LIMITED and may be deemed to be an indirect beneficial owner of the securities held by ICEBERY LIMITED. 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) Each Restricted Share Unit ("RSU") represents a contingent right to receive one share of Class A ordinary shares of the Company when vested. (F4) The RSUs will be vested at the end of the twelve (12)-month period commencing from the date of grant on April 10, 2025, subject to continuous service. Vested shares will be delivered to the reporting person following vesting. |