---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-068071"
form_type: "8-K"
ticker: "GSIT"
cik: "0001126741"
company_name: "GSI TECHNOLOGY INC"
filed_at: "2022-06-03T23:59:59+00:00"
generated_at: "2026-06-25T04:36:41.095927+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# GSI Technology adopts 2023 Variable Compensation Plan with CEO target bonus of $250k

## Summary
- CEO Lee-Lean Shu target bonus $250k; other executive officers each $125k.
- Bonuses tied to net revenue targets for Rad-Hard/Rad-Tolerant SRAM and APU products.
- Maximum payout up to 2x target if performance goals exceeded.
- Vesting: 60% payable April 2023, then 20% each April 2024 and April 2025.

## SEC filing metadata
- accession: 0001104659-22-068071
- form_type: 8-K
- ticker: GSIT
- cik: 0001126741
- company_name: GSI TECHNOLOGY INC
- filed_at: 2022-06-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1126741/000110465922068071/0001104659-22-068071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1126741/000110465922068071/tm2217493d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-068071
- JSON: https://secwatch.observer/filing/0001104659-22-068071.json
- Plain text: https://secwatch.observer/filing/0001104659-22-068071.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.