4/A//SEC Filing
Lee Kyeongho 4/A
Accession 0000929638-24-001691
CIK 0001851961other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 4:28 PM ET
Size
10.9 KB
Accession
0000929638-24-001691
Insider Transaction Report
Form 4/AAmended
Lee Kyeongho
DirectorOther
Transactions
- Award
Common Stock, par value $0.0001 per share
2024-03-26+93,380→ 93,380 total - Other
Private Placement Warrants
2024-03-26+800,000→ 800,000 totalExercise: $11.50→ Common Stock (800,000 underlying) - Award
Common Stock, par value $0.0001 per share
2024-03-26+867,840→ 867,840 total
Holdings
- 4,150(indirect: By Spouse)
Common Stock, par value $0.0001 per share
Footnotes (5)
- [F1]Pursuant to the Business Combination Agreement, dated as of November 2, 2023 (the "Business Combination Agreement"), by and among Concord Acquisition Corp III, Gibraltar Merger Sub Inc., and GCT Semiconductor, Inc. ("GCT"), at the Effective Time (as defined in the Business Combination Agreement), each share of GCT common stock was automatically converted for the right to receive common stock, $0.0001 par value (the "Common Stock") of the Issuer in the manner set forth in the Business Combination Agreement.
- [F2]Represents the Issuer's Common Stock subject to restricted stock units (RSUs). Pursuant to the Business Combination Agreement, at the Effective Time (as defined in the Business Combination Agreement), each award of restricted stock units relating to a share of GCT common stock granted under GCT's existing equity plans was automatically converted into an award of restricted stock units covering the number of shares of the Common Stock of the Issuer in the manner set forth in the Business Combination Agreement. The shares subject to RSUs reported herein will vest in equal annual installments over a four (4) year period measured from December 11, 2023.
- [F3]This Form 4/A is being filed to include the amount of Private Placement Warrants (as defined below) beneficially owned by Kyeongho Lee, which was inadvertently omitted in the original Form 4 filed on March 27, 2024.
- [F4]Represents 800,000 private placement warrants (the "Private Placement Warrants") received by Kyeongho Lee that were allocated to certain Company Insider Recipients at GCT's discretion to incentivize investment. Each Private Placement Warrant entitles the holder to purchase one share of Common Stock for $11.50 per share, subject to adjustment.
- [F5]The Private Placement Warrants are currently exercisable and will expire five years after the Closing, as described in the Issuer's registration statement on Form S-4 (File No. 333-275522), as amended
Documents
Issuer
GCT Semiconductor Holding, Inc.
CIK 0001851961
Entity typeother
Related Parties
1- filerCIK 0001542776
Filing Metadata
- Form type
- 4/A
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 4:28 PM ET
- Size
- 10.9 KB