SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* CHUANG PATRICK T (Last) (First) (Middle) C/O GSI TECHNOLOGY, INC. 1213 ELKO DRIVE (Street) SUNNYVALE CA 94089 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 01/23/2024	3. Issuer Name and Ticker or Trading Symbol GSI TECHNOLOGY INC [ GSIT ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Senior VP, Memory Design	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	15,166	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	(1)	08/11/2024	Common Stock	40,000	$5.23	D
Stock Option (right to buy)	(1)	08/03/2025	Common Stock	40,000	$4.98	D
Stock Option (right to buy)	(1)	08/01/2026	Common Stock	40,000	$4.99	D
Stock Option (right to buy)	(1)	07/31/2027	Common Stock	40,000	$7.26	D
Stock Option (right to buy)	(1)	07/30/2028	Common Stock	40,000	$6.7	D
Stock Option (right to buy)	(1)	07/29/2029	Common Stock	40,000	$8.3	D
Stock Option (right to buy)	(2)	08/03/2030	Common Stock	40,000	$5.83	D
Stock Option (right to buy)	(3)	08/02/2031	Common Stock	40,000	$5.58	D
Stock Option (right to buy)	(4)	08/01/2032	Common Stock	40,000	$4.08	D
Stock Option (right to buy)	(1)	12/02/2032	Common Stock	20,000	$2.27	D
Stock Option (right to buy)	(5)	07/31/2033	Common Stock	40,000	$4.39	D

Explanation of Responses:

1. The option is fully vested and exercisable.

2. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on June 2, 2024.

3. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on June 2, 2025.

4. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on June 2, 2026.

5. Subject to the Reporting Person's continued service to the Issuer, the option vests and becomes 100% exercisable on June 2, 2027.

	/s/ Patrick T. Chuang by Douglas Schirle, Attorney-in-Fact	01/29/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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