TUAN SHERMAN 4
4 · Super Micro Computer, Inc. · Filed Nov 1, 2024
Insider Transaction Report
Form 4
TUAN SHERMAN
Director
Transactions
- Exercise/Conversion
Common Stock
2024-10-30$3.92/sh+25,000$97,975→ 255,590 total - Tax Payment
Common Stock
2024-10-30$33.07/sh−2,964$98,019→ 252,626 total - Exercise/Conversion
Stock Option (right to buy)
2024-10-30−25,000→ 0 totalExercise: $3.92Exp: 2025-02-11→ Common Stock (25,000 underlying)
Footnotes (4)
- [F1]Adjusted to reflect a ten-for-one forward split of the Issuer's common stock effective after market close on September 30, 2024.
- [F2]These transactions reflect Mr. Tuan's exercise of a stock option granted in 2015 which expires soon. No shares were sold into (or otherwise entered) the public market, and Mr. Tuan did not receive any cash proceeds from this transaction. Instead, the Company withheld shares to pay the exercise price. All withheld shares were retained by the Company. Of the 25,000 shares subject to the option, Mr. Tuan retained 22,036 shares after a total of 2,964 shares were withheld.
- [F3]This option was previously reported as covering 10x fewer shares at a 10x greater exercise price, but was equitably adjusted in connection with the ten-for-one forward split.
- [F4]The stock option is fully vested and exercisable.