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GSI TECHNOLOGY INC Director's Dealing 2010

May 12, 2010

34144_dirs_2010-05-12_4ab0dcaf-c40e-416e-9a12-4bcbab947ae1.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GSI TECHNOLOGY INC (GSIT)
CIK: 0001126741
Period of Report: 2010-05-10

Reporting Person: Shu Lee-Lean (Director, President, CEO and Chairman, 10% Owner)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-05-10 Stock Option (right to buy) $6.00 A 100000 Acquired 2020-05-10 Common Stock (100000) Direct

Footnotes

F1: Option for 100,000 shares was granted on May 10, 2010, and vests and becomes 100% exercisable on January 13, 2014.