---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-008242"
form_type: "8-K"
ticker: "GSIT"
cik: "0001126741"
company_name: "GSI TECHNOLOGY INC"
filed_at: "2024-01-30T23:59:59+00:00"
generated_at: "2026-06-06T14:40:10.577606+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# GSI Technology grants stock options to executives as part of cost reduction initiatives

## Summary
- CEO Lee-Lean Shu granted 150,000 options; CFO Douglas Schirle and VP Sales Didier Lasserre each granted 20,000 options.
- Options granted under 2016 Equity Incentive Plan, vest fully on December 1, 2024.
- Grants offset prior salary reductions: CEO 30% cut, other officers 10% cut announced Nov 2022.

## SEC filing metadata
- accession: 0001104659-24-008242
- form_type: 8-K
- ticker: GSIT
- cik: 0001126741
- company_name: GSI TECHNOLOGY INC
- filed_at: 2024-01-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1126741/000110465924008242/0001104659-24-008242-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1126741/000110465924008242/tm244593d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-008242
- JSON: https://secwatch.observer/filing/0001104659-24-008242.json
- Plain text: https://secwatch.observer/filing/0001104659-24-008242.txt

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