Company: GSIT
Filing Date: 2025-07-17
Form Type: DEF 14A
Source: 0001104659-25-068655
Chunk: 44

Company: GSI TECHNOLOGY INC
Filing Date: 2025-07-17
Form: DEF 14A
Chunk 44
---
 ​                             | ​ | 48,000 | ​ | ​ | ​ | ​                         | ​ | 34,992 | ​ | ​ | ​ | ​         | ​ |  82,992 | ​ | ​ |
| Barbara Nelson      | ​ | ​ | ​                             | ​ | 21,671 | ​ | ​ | ​ | ​                         | ​ |      — | ​ | ​ | ​ | ​         | ​ |  21,671 | ​ | ​ |
| Robert Yau(4)​      | ​ | ​ | ​                             | ​ |      — | ​ | ​ | ​ | ​                         | ​ |      — | ​ | ​ | ​ | ​         | ​ |       — | ​ | ​ |

(1) Valuation based on the dollar amount recognized during fiscal 2025 for financial statement reporting purposes pursuant to authoritative guidance, giving effect to service based vesting conditions, but disregarding the estimate of forfeitures related to such vesting conditions. These amounts do not reflect whether the recipient has actually realized or will realize a financial benefit from the option award. The assumptions used with respect to the valuation of option grants are set forth in Note 11 to our Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended March 31, 2025. (2) On October 28, 2024, Mr. Bradley, Dr. Cholawsky, Mr. Hsieh and Mr. Lu were granted options to purchase 23,712, 16,395, 14,227 and 13,008 shares, respectively, that will be fully vested on August 15, 2025. The grant date fair value of each of these options was $63,785, $44,103, $38,271 and $34,992, respectively. (3) As of March 31, 2025, each director that is not a named executive officer had the following number of shares underlying outstanding options: Mr. Bradley: 171,533; Dr. Cholawsky: 103,891; Mr. Hsieh: 125,012; and Mr. Lu: 114,638. (4) Mr. Yau, who resigned from the Board of Directors in October 2024, was previously an employee of the Company, and therefore no additional compensation was provided to Mr. Yau for his services as a director. Equity Compensation Plan Information We currently maintain three compensation