4//SEC Filing
Hong Chun K 4
Accession 0001104659-26-000916
CIK 0001282631other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 9:30 PM ET
Size
11.1 KB
Accession
0001104659-26-000916
Insider Transaction Report
Form 4
NETLIST INCNLST
Hong Chun K
DirectorPresident, CEO and Chairman
Transactions
- Exercise/Conversion
Common Stock
2025-12-31$0.70/sh+300,000$210,000→ 8,354,382 total - Sale
Common Stock
2026-01-05$1.00/sh−200,000$200,000→ 8,154,382 total - Sale
Common Stock
2026-01-05$1.00/sh−50,000$50,000→ 3,561,177 total(indirect: By Trust) - Exercise/Conversion
Employee Stock Option (right to buy)
2025-12-31−300,000→ 0 totalExercise: $0.70Exp: 2026-01-18→ Common Stock (300,000 underlying)
Footnotes (4)
- [F1]The Reporting Person acquired 300,000 shares of the Issuer's common stock, par value $0.001 per share (the "Common Stock"), upon the exercise in full of a stock option scheduled to expire on 1/18/2026 previously issued pursuant to the Issuer's Amended and Restated 2006 Equity Incentive Plan. The Reporting Person paid the full exercise price of $210,000.00 ($0.70 per share) and applicable withholding taxes of $73,248.00 in cash, for a total cash amount of $283,248.00. No shares of Common Stock of the Issuer were sold or withheld in connection with the exercise.
- [F2]The amount reported includes shares subject to unvested restricted stock units.
- [F3]This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 12, 2025.
- [F4]This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Chun Ki Hong Won Kyung Cha Community Property Trust dated 8/16/2004 on September 12, 2025.
Documents
Issuer
NETLIST INC
CIK 0001282631
Entity typeother
Related Parties
1- filerCIK 0001381057
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 9:30 PM ET
- Size
- 11.1 KB