Company: GSIT
Filing Date: 2025-07-17
Form Type: DEF 14A
Source: 0001104659-25-068655
Chunk: 34

Company: GSI TECHNOLOGY INC
Filing Date: 2025-07-17
Form: DEF 14A
Chunk 34
---
 Vice President, Memory Design  | ​ | ​ | ​                      | $ | 359,290 | ​ | ​ | ​ | ​                                       | $ | 350,775(2) | ​ | ​ |
| Didier Lasserre | ​ | ​ | Vice President, Sales                 | ​ | ​ | ​                      | $ | 322,712 | ​ | ​ | ​ | ​                                       | $ | 323,255(3) | ​ | ​ |

(1) In connection with the Company’s cost reduction initiatives announced in November 2022, Mr. Shu accepted a 30% reduction in his annual base salary. Effective December 1, 2022, Mr. Shu’s annual salary is $302,339. Includes incentive compensation of $54,828 earned under the 2025 Variable Compensation Plan. (2) In connection with the Company’s cost reduction initiatives announced in November 2022, Mr. Chuang accepted a 10% reduction in his annual base salary. Effective December 1, 2022, Mr. Chuang’s annual salary is $323,361. Includes incentive compensation of $27,414 earned under the 2025 Variable Compensation Plan. (3) In connection with the Company’s cost reduction initiatives announced in November 2022, Mr. Lasserre accepted a 10% reduction in his annual base salary. Effective December 1, 2022, Mr. Lasserre’s annual salary is $290,441. Fiscal 2025 cash compensation earned includes an annual car allowance of $5,400. Includes incentive compensation of $27,414 earned under the 2025 Variable Compensation Plan. Long-Term Incentive Compensation We utilize stock option awards as a primary component of compensation for our executive officers, with the objective of strengthening the mutuality of interests between the executive officers and our stockholders. These grants are designed to provide each executive with a significant incentive to manage from the perspective of an owner with an equity stake in our company. All stock options granted to our employees, including named executive officers, and to our directors have exercise prices equal to the fair market value of our common stock on the grant date. Our policies and procedures for the grant of stock-based awards provide that all options and other stock-based awards are generally to be granted by the Compensation Committee and, except in special circumstances, all grants are to be made at regular quarterly

22

TABLE OF CONTENTS

meetings of the Compensation Committee. Accordingly, option grants