other
confidence high
sentiment neutral
materiality 0.10
GSI Tech adopts director stock ownership policy: 3x annual retainer within 5 years
GSI TECHNOLOGY INC
- Directors must accumulate GSIT stock worth at least 3× total annual retainer cash compensation.
- Ownership requirement must be met within five years of becoming subject to the policy.
- Policy valuation uses lesser of purchase price or fair market value measured each October 31.
- Amended Corporate Governance Guidelines posted on company's investor relations website.