| | IMPORTANT: Please vote your shares via the Internet or by telephone, in accordance with the instructions contained in the accompanying materials, or by dating and signing the proxy card and returning it in the accompanying postage-paid envelope to ensure that your shares are represented at the meeting. If you attend the audio webcast of the meeting, you may choose to vote your shares even if you have previously sent in your proxy card or submitted your proxy via the Internet. | | |
| | IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON AUGUST | | |
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Nominee’s Name | | Principal Occupation | | Age | | Director Since | | | Principal Occupation | | Age | | Director Since | | ||||||
Jack A. Bradley | | Partner, David Powell Financial Services | | 72 | | 2015 | | | Partner, David Powell Financial Services | | 73 | | 2015 | | ||||||
Elizabeth Cholawsky | | Chief Executive Officer of HG Insights Inc. | | 65 | | 2019 | | | Chief Executive Officer of HG Insights Inc. | | 66 | | 2019 | | ||||||
Haydn Hsieh | | Chairman and Chief Strategy Officer of Wistron NeWeb Corp. | | 66 | | 2008 | | | Chairman and Chief Strategy Officer of Wistron NeWeb Corp. | | 67 | | 2008 | | ||||||
Kim Le | | Founder and CEO of A2Q2 Corporation and SASI Robotics | | 48 | | 2020 | | | Founder and CEO of A2Q2 Corporation and SASI Robotics | | 49 | | 2020 | | ||||||
Ruey L. Lu | | President of eMPIA Technology | | 65 | | 2000 | | | President of eMPIA Technology | | 66 | | 2000 | | ||||||
Barbara Nelson | | Former Vice President, Western Digital Corporation; Board member and Chairs of the Compensation and Nominating and Governance Committees of Backblaze, Inc. | | 66 | | — | | | Former Vice President, Western Digital Corporation; Board member, Audit Committee member and Chair of the Nominating and Corporate Governance Committee of Backblaze, Inc. | | 67 | | 2021 | | ||||||
Lee-Lean Shu | | President, Chief Executive Officer and Chairman of the Board of Directors of GSI Technology | | 66 | | 1995 | | | President, Chief Executive Officer and Chairman of the Board of Directors of GSI Technology | | 67 | | 1995 | | ||||||
Robert Yau | | Vice President, Engineering and Secretary of GSI Technology | | 68 | | 1995 | | | Vice President, Engineering and Secretary of GSI Technology | | 69 | | 1995 | |
Committee Member | | | Audit | | | Compensation | | | Nominating and Governance | |
Jack A. Bradley | | | X | | | X | | | Chair | |
Elizabeth Cholawsky | | | X | | | Chair | | | X | |
Haydn Hsieh | | | X | | | X | | | | |
Kim Le | | | | | | | | | ||
Ruey L. Lu | | | | | | X | | | X | |
| | | | | | | X | |
Qualification | | | Jack A. Bradley | | | Elizabeth M. Cholawsky | | | Haydn Hsieh | | | Kim Le | | | Ruey-Lin Lu | | | Barbara Nelson | | | Lee-Lean Shu | | | Robert Yau | |
Audit and Financial Expertise | | | ✓ | | | ✓ | | | ✓ | | | ✓ | | | | | | ✓ | | | ✓ | | | | |
Broad Business & Corporate Governance Experience | | | ✓ | | | ✓ | | | ✓ | | | ✓ | | | ✓ | | | ✓ | | | ✓ | | | | |
Understanding of a Board’s Legal Duties and Responsibilities | | | ✓ | | | ✓ | | | ✓ | | | ✓ | | | ✓ | | | ✓ | | | ✓ | | | ✓ | |
Relevant Industry Experience (Semiconductor) | | | ✓ | | | | | | | | | | | | ✓ | | | ✓ | | | ✓ | | | ✓ | |
Relevant Industry Experience (Software/SaaS) | | | ✓ | | | ✓ | | | | | | ✓ | | | | | | ✓ | | | | | | | |
Strategic Planning Capabilities | | | ✓ | | | ✓ | | | ✓ | | | ✓ | | | | | | ✓ | | | ✓ | | | | |
Capital Markets Expertise | | | ✓ | | | ✓ | | | ✓ | | | | | | ✓ | | | ✓ | | | | | | | |
International Business Experience | | | ✓ | | | ✓ | | | ✓ | | | | | | ✓ | | | ✓ | | | ✓ | | | | |
Sales Experience | | | ✓ | | | ✓ | | | ✓ | | | | | | ✓ | | | ✓ | | | ✓ | | | | |
Risk Management Background | | | ✓ | | | | | | ✓ | | | ✓ | | | ✓ | | | ✓ | | | ✓ | | | | |
Leadership Skills | | | ✓ | | | ✓ | | | ✓ | | | ✓ | | | ✓ | | | ✓ | | | ✓ | | | ✓ | |
Diversity (Gender) | | | | | | ✓ | | | | | | ✓ | | | | | | ✓ | | | | | | | |
Diversity (Ethnic/Racial) | | | | | | | | | ✓ | | | ✓ | | | ✓ | | | | | | ✓ | | | ✓ | |
Board Diversity Matrix (as of June 30, 2022) | | ||||||||||||||||||||||||
Total Number of Directors | | | 8 | | |||||||||||||||||||||
| | | Female | | | Male | | | Non-Binary | | | Did Not Disclose Gender | | ||||||||||||
Part I: Gender Identity | | | | | | | | | | | | | | | | | | | | | | | | | |
Directors | | | | | 3 | | | | | | 5 | | | | | | — | | | | | | — | | |
Part II: Demographic Background | | | | | | | | | | | | | | | | | | | | | | | | | |
African American or Black | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Alaskan Native or Native American | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Asian | | | | | 1 | | | | | | 4 | | | | | | — | | | | | | — | | |
Hispanic or Latinx | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Native Hawaiian or Pacific Islander | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
White (not of Hispanic or Latinx origin) | | | | | 2 | | | | | | 1 | | | | | | — | | | | | | — | | |
Two or More Races or Ethnicities | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
LGBTQ+ | | | — | | |||||||||||||||||||||
Did Not Disclose Demographic Background | | | — | |
| | Fiscal 2021 | | Fiscal 2020 | | | Fiscal 2022 | | Fiscal 2021 | | ||||||||||||||||
Audit fees(1) | | | $ | 612,440 | | | | $ | 587,400 | | | | | $ | 726,200 | | | | $ | 612,440 | | | ||||
Tax fees(2) | | | | 27,814 | | | | | 26,111 | | | | | $ | 29,206 | | | | $ | 27,814 | | | ||||
Total fees | | | $ | 640,254 | | | | $ | 613,511 | | | | | $ | 755,406 | | | | $ | 640,254 | | |
| | | | | | |||
| Amtech Systems, Inc. | | | Emcore Corporation | | | | |
| AXT, Inc. | | | Everspin Technologies | | | Pixelworks, Inc | |
| | | Immersion Corporation | | | QuickLogic Corporation | | |
| DSP Group, Inc. | | | inTEST Corporation | | | Techpoint | |
| | | Kopin Corporation | | | | |
Name | | Title | | Fiscal 2021 Base Salary | | Percentage Increase over Fiscal 2020 Base Salary | | | Title | | Fiscal 2022 Base Salary | | Percentage Increase over Fiscal 2021 Base Salary | | ||||||||||||||||||
Lee-Lean Shu | | President and Chief Executive Officer | | | $ | 431,912 | | | | | — | | | | President and Chief Executive Officer | | | $ | 431,912 | | | | | — | | | ||||||
Douglas M. Schirle | | Chief Financial Officer | | | $ | 306,593 | | | | | — | | | | Chief Financial Officer | | | $ | 306,593 | | | | | — | | | ||||||
Didier Lasserre | | Vice President, Sales | | | $ | 322,712 | | | | | — | | | | Vice President, Sales | | | $ | 322,712 | | | | | — | | | ||||||
Robert Yau | | Vice President, Engineering | | | $ | 285,870 | | | | | — | | | | Vice President, Engineering | | | $ | 285,870 | | | | | — | | | ||||||
Ping Wu | | Vice President, U.S. Operations | | | $ | 275,052 | | | | | — | | | | Vice President, U.S. Operations | | | $ | 275,052 | | | | | — | | |
Name | | Fiscal 2021 Target Bonus | | Fiscal 2021 Bonus Earned | | | Fiscal 2022 Target Bonus | | Fiscal 2022 Bonus Earned | | ||||||||||||||||
Lee-Lean Shu | | | $ | 250,000 | | | | $ | 62,500 | | | | | $ | 250,000 | | | | $ | 410,681 | | | ||||
Douglas M. Schirle | | | $ | 125,000 | | | | $ | 31,250 | | | | | $ | 125,000 | | | | $ | 205,340 | | | ||||
Didier Lasserre | | | $ | 125,000 | | | | $ | 31,250 | | | | | $ | 125,000 | | | | $ | 205,340 | | | ||||
Robert Yau | | | $ | 125,000 | | | | $ | 31,250 | | | | | $ | 125,000 | | | | $ | 205,340 | | | ||||
Ping Wu | | | $ | 125,000 | | | | $ | 31,250 | | | | | $ | 125,000 | | | | $ | 205,340 | | |
Name | | Principal Position | | Fiscal 2021 Base Salary | | Fiscal 2021 Total Cash Compensation Earned | | | Principal Position | | Fiscal 2022 Base Salary | | Fiscal 2022 Total Cash Compensation Earned | | ||||||||||||||||||
Lee-Lean Shu | | President and Chief Executive Officer | | | $ | 431,912 | | | | $ | 494,412(1) | | | | President and Chief Executive Officer | | | $ | 431,912 | | | | $ | 842,593(1) | | | ||||||
Douglas M. Schirle | | Chief Financial Officer | | | $ | 306,593 | | | | $ | 337,843(2) | | | | Chief Financial Officer | | | $ | 306,593 | | | | $ | 511,933(2) | | | ||||||
Didier Lasserre | | Vice President, Sales | | | $ | 322,712 | | | | $ | 359,362(3) | | | | Vice President, Sales | | | $ | 322,712 | | | | $ | 533,452(3) | | | ||||||
Robert Yau | | Vice President, Engineering | | | $ | 285,870 | | | | $ | 317,120(2) | | | | Vice President, Engineering | | | $ | 285,870 | | | | $ | 491,210(2) | | | ||||||
Ping Wu | | Vice President, U.S. Operations | | | $ | 275,052 | | | | $ | 306,302(2) | | | | Vice President, U.S. Operations | | | $ | 275,052 | | | | $ | 480,392(2) | | |
Name | | | Shares | | |||
Lee-Lean Shu | | | | | 100,000 | | |
Douglas M. Schirle | | | | | 40,000 | | |
Didier Lasserre | | | | | 40,000 | | |
Robert Yau | | | | | 40,000 | | |
Ping Wu | | | | | 30,000 | | |
Name and Principal Position | | | Year | | | Salary ($) | | | Option Awards ($)(1) | | | Non-Equity Incentive Plan Compensation ($) | | | All Other Compensation ($) | | | Total ($) | | ||||||||||||||||||
Lee-Lean Shu | | | | | 2021 | | | | | | 431,912 | | | | | | 224,440 | | | | | | 62,500(2) | | | | | | — | | | | | | 718,852 | | |
President and Chief | | | | | 2020 | | | | | | 431,912 | | | | | | 290,420 | | | | | | 120,584(3) | | | | | | — | | | | | | 842,916 | | |
Executive Officer | | | | | 2019 | | | | | | 419,333 | | | | | | 241,830 | | | | | | 385,334(4) | | | | | | — | | | | | | 1,046,497 | | |
Douglas M. Schirle | | | | | 2021 | | | | | | 306,593 | | | | | | 89,776 | | | | | | 31,250(5) | | | | | | — | | | | | | 427,619 | | |
Chief Financial Officer | | | | | 2020 | | | | | | 306,593 | | | | | | 116,168 | | | | | | 60,292(6) | | | | | | — | | | | | | 483,053 | | |
| | | | | 2019 | | | | | | 297,663 | | | | | | 96,732 | | | | | | 192,667(7) | | | | | | — | | | | | | 587,062 | | |
Didier Lasserre | | | | | 2021 | | | | | | 322,712 | | | | | | 89,776 | | | | | | 31,250(5) | | | | | | 5,400(8) | | | | | | 449,138 | | |
Vice President, Sales | | | | | 2020 | | | | | | 322,712 | | | | | | 116,168 | | | | | | 60,292(6) | | | | | | 5,400(8) | | | | | | 504,572 | | |
| | | | | 2019 | | | | | | 313,313 | | | | | | 96,732 | | | | | | 192,667(7) | | | | | | 5,400(8) | | | | | | 608,112 | | |
Robert Yau | | | | | 2021 | | | | | | 285,870 | | | | | | 89,776 | | | | | | 31,250(5) | | | | | | — | | | | | | 406,896 | | |
Vice President, Engineering | | | | | 2020 | | | | | | 285,870 | | | | | | 116,168 | | | | | | 60,292(6) | | | | | | — | | | | | | 462,330 | | |
| | | | | 2019 | | | | | | 283,040 | | | | | | 96,732 | | | | | | 192,667(7) | | | | | | — | | | | | | 572,439 | | |
Ping Wu | | | | | 2021 | | | | | | 275,052 | | | | | | 67,332 | | | | | | 31,250(5) | | | | | | — | | | | | | 373,634 | | |
Vice President, US Operations | | | | | 2020 | | | | | | 275,052 | | | | | | 87,126 | | | | | | 60,292(6) | | | | | | — | | | | | | 422,470 | | |
| | | | | 2019 | | | | | | 267,041 | | | | | | 72,549 | | | | | | 192,667(7) | | | | | | — | | | | | | 532,257 | | |
Name and Principal Position | | | Year | | | Salary ($) | | | Option Awards ($)(1) | | | Non-Equity Incentive Plan Compensation ($) | | | All Other Compensation ($) | | | Total ($) | | ||||||||||||||||||
Lee-Lean Shu President and Chief Executive Officer | | | | | 2022 | | | | | | 431,912 | | | | | | 233,630 | | | | | | 410,681(2) | | | | | | — | | | | | | 1,076,223 | | |
| | | 2021 | | | | | | 431,912 | | | | | | 224,440 | | | | | | 62,500(3) | | | | | | — | | | | | | 718,852 | | | ||
| | | 2020 | | | | | | 431,912 | | | | | | 290,420 | | | | | | 120,584(4) | | | | | | — | | | | | | 842,916 | | | ||
Douglas M. Schirle Chief Financial Officer | | | | | 2022 | | | | | | 306,593 | | | | | | 93,452 | | | | | | 205,340(5) | | | | | | — | | | | | | 605,385 | | |
| | | 2021 | | | | | | 306,593 | | | | | | 89,776 | | | | | | 31,250(6) | | | | | | — | | | | | | 427,619 | | | ||
| | | 2020 | | | | | | 306,593 | | | | | | 116,168 | | | | | | 60,292(7) | | | | | | — | | | | | | 483,053 | | | ||
Didier Lasserre Vice President, Sales | | | | | 2022 | | | | | | 322,712 | | | | | | 93,452 | | | | | | 205,340(5) | | | | | | 5,400(8) | | | | | | 626,904 | | |
| | | 2021 | | | | | | 322,712 | | | | | | 89,776 | | | | | | 31,250(6) | | | | | | 5,400(8) | | | | | | 449,138 | | | ||
| | | 2020 | | | | | | 322,712 | | | | | | 116,168 | | | | | | 60,292(7) | | | | | | 5,400(8) | | | | | | 504,572 | | | ||
Robert Yau Vice President, Engineering | | | | | 2022 | | | | | | 285,870 | | | | | | 93,452 | | | | | | 205,340(5) | | | | | | — | | | | | | 584,662 | | |
| | | 2021 | | | | | | 285,870 | | | | | | 89,776 | | | | | | 31,250(6) | | | | | | — | | | | | | 406,896 | | | ||
| | | 2020 | | | | | | 285,870 | | | | | | 116,168 | | | | | | 60,292(7) | | | | | | — | | | | | | 462,330 | | | ||
Ping Wu Vice President, US Operations | | | | | 2022 | | | | | | 275,052 | | | | | | 70,089 | | | | | | 205,340(5) | | | | | | — | | | | | | 550,481 | | |
| | | 2021 | | | | | | 275,052 | | | | | | 67,332 | | | | | | 31,250(6) | | | | | | — | | | | | | 373,634 | | | ||
| | | 2020 | | | | | | 275,052 | | | | | | 87,126 | | | | | | 60,292(7) | | | | | | — | | | | | | 422,470 | | |
Name | | Grant Date | | | Estimated Future Payouts Under Non-Equity Incentive Plan Awards(1) | | All Other Option Awards: Number of Securities | | Exercise or Base Price of Option | | Grant Date Fair Value of Option | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | | | | Estimated Future Payouts Under Non-Equity Incentive Plan Awards(1) | | | All Other Option Awards: Number of Securities Underlying Options (#) | | Exercise or Base Price of Option Awards ($) | | Grant Date Fair Value of Option Awards ($)(2) | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Name | | Grant Date | | | Threshold ($) | | Target ($) | | Maximum ($) | | Underlying Options (#) | | Awards ($) | | Awards ($)(2) | | | Grant Date | | Threshold ($) | | Target ($) | | Maximum ($) | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | — | | | | | 250,000 | | | | | 500,000 | | | | | 100,000(3) | | | | | 5.83 | | | | | 224,440 | | | | | | 8/2/21 | | | | | — | | | | | 250,000 | | | | | 500,000 | | | | | 100,000(3) | | | | | 5.58 | | | | | 233,630 | | | ||||||||||||||||||||
Douglas M. Schirle | | | | 8/3/20 | | | | | — | | | | | 125,000 | | | | | 250,000 | | | | | 40,000(4) | | | | | 5.83 | | | | | 89,776 | | | | | | 8/2/21 | | | | | — | | | | | 125,000 | | | | | 250,000 | | | | | 40,000(4) | | | | | 5.58 | | | | | 93,452 | | | ||||||||||||||
Didier Lasserre | | | | 8/3/20 | | | | | — | | | | | 125,000 | | | | | 250,000 | | | | | 40,000(5) | | | | | 5.83 | | | | | 89,776 | | | | | | 8/2/21 | | | | | — | | | | | 125,000 | | | | | 250,000 | | | | | 40,000(5) | | | | | 5.58 | | | | | 93,452 | | | ||||||||||||||
Robert Yau | | | | 8/3/20 | | | | | — | | | | | 125,000 | | | | | 250,000 | | | | | 40,000(6) | | | | | 5.83 | | | | | 89,776 | | | | | | 8/2/21 | | | | | — | | | | | 125,000 | | | | | 250,000 | | | | | 40,000(6) | | | | | 5.58 | | | | | 93,452 | | | ||||||||||||||
Ping Wu | | | | 8/3/20 | | | | | — | | | | | 125,000 | | | | | 250,000 | | | | | 30,000(7) | | | | | 5.83 | | | | | 67,332 | | | | | | 8/2/21 | | | | | — | | | | | 125,000 | | | | | 250,000 | | | | | 30,000(7) | | | | | 5.58 | | | | | 70,089 | | |
Name | | Number of Securities Underlying Unexercised Options (#) Exercisable | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | Option Exercise Price ($) | | Option Expiration Date | | | Number of Securities Underlying Unexercised Options (#) Exercisable | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | Option Exercise Price ($) | | Option Expiration Date | | ||||||||||||||||||||||||||||||||
Lee-Lean Shu | | | | 62,190 | | | | | — | | | | | 6.54 | | | | | 5/9/21 | | | | | | | 100,000 | | | | | — | | | | | 4.17 | | | | | 5/7/22 | | | |||||||
| | | | 100,000 | | | | | — | | | | | 4.17 | | | | | 5/7/22 | | | |||||||||||||||||||||||||||||
| | | | 100,000 | | | | | — | | | | | 5.76 | | | | | 5/6/23 | | | |||||||||||||||||||||||||||||
| | | | 25,000 | | | | | — | | | | | 6.86 | | | | | 7/29/23 | | | |||||||||||||||||||||||||||||
| | | | 100,000 | | | | | — | | | | | 5.23 | | | | | 8/11/24 | | | |||||||||||||||||||||||||||||
| | | | 100,000 | | | | | — | | | | | 4.98 | | | | | 8/3/25 | | | |||||||||||||||||||||||||||||
| | | | 100,000 | | | | | — | | | | | 4.99 | | | | | 8/1/26 | | | |||||||||||||||||||||||||||||
| | | | — | | | | | 100,000(1) | | | | | 7.26 | | | | | 7/31/27 | | | |||||||||||||||||||||||||||||
| | | | — | | | | | 100,000(2) | | | | | 6.70 | | | | | 7/30/28 | | | |||||||||||||||||||||||||||||
| | | | — | | | | | 100,000(3) | | | | | 8.30 | | | | | 7/29/29 | | | |||||||||||||||||||||||||||||
| | | | — | | | | | 100,000(4) | | | | | 5.83 | | | | | 8/3/30 | | | |||||||||||||||||||||||||||||
Douglas Schirle | | | | 40,000 | | | | | — | | | | | 6.28 | | | | | 8/1/21 | | | |||||||||||||||||||||||||||||
| | | | 40,000 | | | | | — | | | | | 4.81 | | | | | 7/30/22 | | | |||||||||||||||||||||||||||||
| | | | 40,000 | | | | | — | | | | | 6.86 | | | | | 7/29/23 | | | |||||||||||||||||||||||||||||
| | | | 40,000 | | | | | — | | | | | 5.23 | | | | | 8/11/24 | | | |||||||||||||||||||||||||||||
| | | | 40,000 | | | | | — | | | | | 4.98 | | | | | 8/3/25 | | | |||||||||||||||||||||||||||||
| | | | 40,000 | | | | | — | | | | | 4.99 | | | | | 8/1/26 | | | |||||||||||||||||||||||||||||
| | | | — | | | | | 40,000(5) | | | | | 7.26 | | | | | 7/31/27 | | | |||||||||||||||||||||||||||||
| | | | — | | | | | 40,000(6) | | | | | 6.70 | | | | | 7/30/28 | | | |||||||||||||||||||||||||||||
| | | | — | | | | | 40,000(7) | | | | | 8.30 | | | | | 7/29/29 | | | |||||||||||||||||||||||||||||
| | | | — | | | | | 40,000(8) | | | | | 5.83 | | | | | 8/3/30 | | | |||||||||||||||||||||||||||||
Didier Lasserre | | | | 30,000 | | | | | — | | | | | 4.92 | | | | | 1/30/22 | | | |||||||||||||||||||||||||||||
| | | | 30,000 | | | | | — | | | | | 6.45 | | | | | 2/4/23 | | | |||||||||||||||||||||||||||||
| | | | 15,000 | | | | | — | | | | | 6.86 | | | | | 7/29/23 | | | |||||||||||||||||||||||||||||
| | | | 30,000 | | | | | — | | | | | 5.23 | | | | | 8/11/24 | | | |||||||||||||||||||||||||||||
| | | | 30,000 | | | | | — | | | | | 4.98 | | | | | 8/3/25 | | | |||||||||||||||||||||||||||||
| | | | 30,000 | | | | | — | | | | | 4.99 | | | | | 8/1/26 | | | |||||||||||||||||||||||||||||
| | | | — | | | | | 30,000(9) | | | | | 7.26 | | | | | 7/31/27 | | | |||||||||||||||||||||||||||||
| | | | — | | | | | 40,000(10) | | | | | 6.70 | | | | | 7/30/28 | | | |||||||||||||||||||||||||||||
| | | | — | | | | | 40,000(11) | | | | | 8.30 | | | | | 7/29/29 | | | |||||||||||||||||||||||||||||
| | | | — | | | | | 40,000(12) | | | | | 5.83 | | | | | 8/3/30 | | | |||||||||||||||||||||||||||||
Robert Yau | | | | 20,000 | | | | | — | | | | | 6.54 | | | | | 5/9/21 | | | |||||||||||||||||||||||||||||
| | | | 40,000 | | | | | — | | | | | 4.17 | | | | | 5/7/22 | | | |||||||||||||||||||||||||||||
| | | | 40,000 | | | | | — | | | | | 5.76 | | | | | 5/6/23 | | | |||||||||||||||||||||||||||||
| | | | 10,000 | | | | | — | | | | | 6.86 | | | | | 7/29/23 | | | |||||||||||||||||||||||||||||
| | | | 40,000 | | | | | — | | | | | 5.23 | | | | | 8/11/24 | | | |||||||||||||||||||||||||||||
| | | | 40,000 | | | | | — | | | | | 4.98 | | | | | 8/3/25 | | | |||||||||||||||||||||||||||||
| | | | 40,000 | | | | | — | | | | | 4.99 | | | | | 8/1/26 | | | |||||||||||||||||||||||||||||
Lee-Lean Shu | | | | | 100,000 | | | | | — | | | | | 5.76 | | | | | 5/6/23 | | | ||||||||||||||||||||||||||||
| | | 25,000 | | | | | — | | | | | 6.86 | | | | | 7/29/23 | | | ||||||||||||||||||||||||||||||
| | | 100,000 | | | | | — | | | | | 5.23 | | | | | 8/11/24 | | | ||||||||||||||||||||||||||||||
| | | 100,000 | | | | | — | | | | | 4.98 | | | | | 8/3/25 | | | ||||||||||||||||||||||||||||||
| | | 100,000 | | | | | — | | | | | 4.99 | | | | | 8/1/26 | | | ||||||||||||||||||||||||||||||
| | | 100,000 | | | | | — | | | | | 7.26 | | | | | 7/31/27 | | | ||||||||||||||||||||||||||||||
| | | — | | | | | 100,000(1) | | | | | 6.70 | | | | | 7/30/28 | | | ||||||||||||||||||||||||||||||
| | | — | | | | | 100,000(2) | | | | | 8.30 | | | | | 7/29/29 | | | ||||||||||||||||||||||||||||||
| | | — | | | | | 100,000(3) | | | | | 5.83 | | | | | 8/3/30 | | | ||||||||||||||||||||||||||||||
| | | — | | | | | 100,000(4) | | | | | 5.58 | | | | | 8/2/31 | | |
Name | | | Number of Securities Underlying Unexercised Options (#) Exercisable | | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | | Option Exercise Price ($) | | | Option Expiration Date | | ||||||||||||
| | | | | — | | | | | | 40,000(1) | | | | | | 7.26 | | | | | | 7/31/27 | | |
| | | | | — | | | | | | 40,000(2) | | | | | | 6.70 | | | | | | 7/30/28 | | |
| | | | | — | | | | | | 40,000(3) | | | | | | 8.30 | | | | | | 7/29/29 | | |
| | | | | — | | | | | | 40,000(4) | | | | | | 5.83 | | | | | | 8/3/30 | | |
Ping Wu | | | | | 30,000 | | | | | | — | | | | | | 4.90 | | | | | | 10/31/21 | | |
| | | | | 30,000 | | | | | | — | | | | | | 5.59 | | | | | | 10/31/22 | | |
| | | | | 22,500 | | | | | | — | | | | | | 6.86 | | | | | | 7/29/23 | | |
| | | | | 30,000 | | | | | | — | | | | | | 5.23 | | | | | | 8/11/24 | | |
| | | | | 30,000 | | | | | | — | | | | | | 4.98 | | | | | | 8/3/25 | | |
| | | | | 30,000 | | | | | | — | | | | | | 4.99 | | | | | | 8/1/26 | | |
| | | | | — | | | | | | 30,000(13) | | | | | | 7.26 | | | | | | 7/31/27 | | |
| | | | | — | | | | | | 30,000(14) | | | | | | 6.70 | | | | | | 7/30/28 | | |
| | | | | — | | | | | | 30,000(15) | | | | | | 8.30 | | | | | | 7/29/29 | | |
| | | | | — | | | | | | 30,000(16) | | | | | | 5.83 | | | | | | 8/3/30 | | |
Name | | | Number of Securities Underlying Unexercised Options (#) Exercisable | | | Number of Securities Underlying Unexercised Options (#) Unexercisable | | | Option Exercise Price ($) | | | Option Expiration Date | | ||||||||||||
Douglas Schirle | | | | | 40,000 | | | | | | — | | | | | | 4.81 | | | | | | 7/30/22 | | |
| | | 40,000 | | | | | | — | | | | | | 6.86 | | | | | | 7/29/23 | | | ||
| | | 40,000 | | | | | | — | | | | | | 5.23 | | | | | | 8/11/24 | | | ||
| | | 40,000 | | | | | | — | | | | | | 4.98 | | | | | | 8/3/25 | | | ||
| | | 40,000 | | | | | | — | | | | | | 4.99 | | | | | | 8/1/26 | | | ||
| | | 40,000 | | | | | | — | | | | | | 7.26 | | | | | | 7/31/27 | | | ||
| | | — | | | | | | 40,000(5) | | | | | | 6.70 | | | | | | 7/30/28 | | | ||
| | | — | | | | | | 40,000(6) | | | | | | 8.30 | | | | | | 7/29/29 | | | ||
| | | — | | | | | | 40,000(7) | | | | | | 5.83 | | | | | | 8/3/30 | | | ||
| | | — | | | | | | 40,000(8) | | | | | | 5.58 | | | | | | 8/2/31 | | | ||
Didier Lasserre | | | | | 30,000 | | | | | | — | | | | | | 6.45 | | | | | | 2/4/23 | | |
| | | 15,000 | | | | | | — | | | | | | 6.86 | | | | | | 7/29/23 | | | ||
| | | 30,000 | | | | | | — | | | | | | 5.23 | | | | | | 8/11/24 | | | ||
| | | 30,000 | | | | | | — | | | | | | 4.98 | | | | | | 8/3/25 | | | ||
| | | 30,000 | | | | | | — | | | | | | 4.99 | | | | | | 8/1/26 | | | ||
| | | 30,000 | | | | | | — | | | | | | 7.26 | | | | | | 7/31/27 | | | ||
| | | — | | | | | | 40,000(9) | | | | | | 6.70 | | | | | | 7/30/28 | | | ||
| | | — | | | | | | 40,000(10) | | | | | | 8.30 | | | | | | 7/29/29 | | | ||
| | | — | | | | | | 40,000(11) | | | | | | 5.83 | | | | | | 8/3/30 | | | ||
| | | — | | | | | | 40,000(12) | | | | | | 5.58 | | | | | | 8/2/31 | | | ||
Robert Yau | | | | | 40,000 | | | | | | — | | | | | | 4.17 | | | | | | 5/7/22 | | |
| | | 40,000 | | | | | | — | | | | | | 5.76 | | | | | | 5/6/23 | | | ||
| | | 10,000 | | | | | | — | | | | | | 6.86 | | | | | | 7/29/23 | | | ||
| | | 40,000 | | | | | | — | | | | | | 5.23 | | | | | | 8/11/24 | | | ||
| | | 40,000 | | | | | | — | | | | | | 4.98 | | | | | | 8/3/25 | | | ||
| | | 40,000 | | | | | | — | | | | | | 4.99 | | | | | | 8/1/26 | | | ||
| | | 40,000 | | | | | | — | | | | | | 7.26 | | | | | | 7/31/27 | | | ||
| | | — | | | | | | 40,000(1) | | | | | | 6.70 | | | | | | 7/30/28 | | | ||
| | | — | | | | | | 40,000(2) | | | | | | 8.30 | | | | | | 7/29/29 | | | ||
| | | — | | | | | | 40,000(3) | | | | | | 5.83 | | | | | | 8/3/30 | | | ||
| | | — | | | | | | 40,000(4) | | | | | | 5.58 | | | | | | 8/2/31 | | | ||
Ping Wu | | | | | 30,000 | | | | | | — | | | | | | 5.59 | | | | | | 10/31/22 | | |
| | | 22,500 | | | | | | — | | | | | | 6.86 | | | | | | 7/29/23 | | | ||
| | | 30,000 | | | | | | — | | | | | | 5.23 | | | | | | 8/11/24 | | | ||
| | | 30,000 | | | | | | — | | | | | | 4.98 | | | | | | 8/3/25 | | | ||
| | | 30,000 | | | | | | — | | | | | | 4.99 | | | | | | 8/1/26 | | | ||
| | | 30,000 | | | | | | — | | | | | | 7.26 | | | | | | 7/31/27 | | | ||
| | | — | | | | | | 30,000(13) | | | | | | 6.70 | | | | | | 7/30/28 | | | ||
| | | — | | | | | | 30,000(14) | | | | | | 8.30 | | | | | | 7/29/29 | �� | | ||
| | | — | | | | | | 30,000(15) | | | | | | 5.83 | | | | | | 8/3/30 | | | ||
| | | — | | | | | | 30,000(16) | | | | | | 5.58 | | | | | | 8/2/31 | | |
Name | | | Number of Shares Acquired on Exercise (#) | | | Value Realized on Exercise ($)(1) | | ||||||
Lee-Lean Shu | | | | | 137,810 | | | | | | 224,336 | | |
Robert Yau | | | | | 60,000 | | | | | | 69,964 | | |
Name | | | Number of Shares Acquired on Exercise (#) | | | Value Realized on Exercise ($)(1) | | ||||||
Ping Wu | | | | | 30,000 | | | | | | 12,875 | | |
| | Cash Severance Payment | | | | | | | | | | | | | | | | | | Cash Severance Payment | | | Continued Health Benefits(1) | | Acceleration of Stock Options(2) | | Total | | ||||||||||||||||||||||||||||||||||
Name | | Based on Salary | | Based on Bonus | | Continued Health Benefits(1) | | Acceleration of Stock Options(2) | | Total | | | Based on Salary | | Based on Bonus | | ||||||||||||||||||||||||||||||||||||||||||||||
Lee-Lean Shu | | | $ | 971,802 | | | | $ | 219,050 | | | | $ | 64,938 | | | | $ | 86,000 | | | | $ | 1,341,790 | | | | | $ | 1,007,795 | | | | $ | 665,138 | | | | $ | 68,928 | | | | $ | — | | | | $ | 1,741,861 | | | ||||||||||
Douglas M. Schirle | | | | 562,087 | | | | | 93,900 | | | | | 74,171 | | | | | 34,400 | | | | | 764,558 | | | | | | 587,637 | | | | | 229,898 | | | | | 77,871 | | | | | — | | | | | 895,406 | | | ||||||||||
Didier Lasserre | | | | 645,424 | | | | | 93,900 | | | | | 80,914 | | | | | 34,400 | | | | | 854,638 | | | | | | 672,317 | | | | | 229,898 | | | | | 84,642 | | | | | — | | | | | 986,857 | | | ||||||||||
Robert Yau | | | | 643,208 | | | | | 93,900 | | | | | 64,938 | | | | | 34,400 | | | | | 836,446 | | | | | | 667,030 | | | | | 229,898 | | | | | 68,928 | | | | | — | | | | | 965,856 | | | ||||||||||
Ping Wu | | | | 504,262 | | | | | 93,900 | | | | | 74,171 | | | | | 25,800 | | | | | 698,133 | | | | | | 527,183 | | | | | 229,898 | | | | | 77,871 | | | | | — | | | | | 834,952 | | |
| Board | | | | $ | 40,000 | | |
| Lead Director | | | | $ | 20,000 | | |
| Audit Committee: | | | | | | | |
| • Chair | | | | $ | 20,000 | | |
| • Other Members | | | | $ | 7,500 | | |
| Compensation Committee: | | | | | | | |
| • Chair | | | | $ | 10,000 | | |
| • Other Members | | | | $ | 5,000 | | |
| Nominating and Governance Committee: | | | | | | | |
| • Chair | | | | $ | 7,500 | | |
| • Other Members | | | | $ | 3,000 | | |
Name | | Fees Earned or Paid in Cash ($) | | Option Awards ($)(1)(2)(3) | | Total ($) | | | Fees Earned or Paid in Cash ($) | | Option Awards ($)(1)(2)(3) | | Total ($) | | ||||||||||||||||||||||||
Jack A. Bradley | | | | 59,583 | | | | | 24,413 | | | | | 83,996 | | | | | | 71,957 | | | | | 34,733 | | | | | 106,690 | | | ||||||
Elizabeth Cholawsky | | | | 60,250 | | | | | 24,616 | | | | | 84,866 | | | | | | 60,500 | | | | | 26,267 | | | | | 86,767 | | | ||||||
Haydn Hsieh | | | | 52,500 | | | | | 21,362 | | | | | 73,862 | | | | | | 52,500 | | | | | 22,793 | | | | | 75,293 | | | ||||||
Kim Le | | | | 21,819(4) | | | | | 20,548 | | | | | 42,367 | | | | | | 57,973 | | | | | 26,049 | | | | | 84,022 | | | ||||||
Ruey L. Lu | | | | 48,000 | | | | | 19,529 | | | | | 67,529 | | | | | | 48,000 | | | | | 20,840 | | | | | 68,840 | | | ||||||
Arthur O. Whipple(5) | | | | 83,000 | | | | | 33,772 | | | | | 116,772 | | | ||||||||||||||||||||||
Barbara Nelson | | | | 25,707(4) | | | | | 18,667 | | | | | 44,374 | | | ||||||||||||||||||||||
Arthur O. Whipple | | | | 33,606(5) | | | | | — | | | | | 33,606 | | |
Plan Category | | | Number of shares to be issued upon exercise of outstanding options, warrants and rights (a) | | | Weighted-average exercise price of outstanding options, warrants and rights (b) | | | Number of shares remaining available for future issuance under equity compensation plans (excluding shares reflected in column (a)) (c) | | |||||||||
Equity compensation plans approved by stockholders | | | | | 8,432,877 | | | | | $ | 6.17 | | | | | | 2,844,560(1)(2) | | |
Plan Category | | | Number of shares to be issued upon exercise of outstanding options, warrants and rights (a) | | | Weighted-average exercise price of outstanding options, warrants and rights (b) | | | Number of shares remaining available for future issuance under equity compensation plans (excluding shares reflected in column (a)) (c) | | |||||||||
Equity compensation plans approved by stockholders | | | | | 8,590,675 | | | | | $ | 6.07 | | | | | | 5,899,482(1)(2) | | |
Beneficial Owner(1) | | Number of Shares Beneficially Owned(2) | | Percentage of Shares Beneficially Owned(3) | | |||||||||||||||||||||
Beneficial Owner(1) | | Number of Shares Beneficially Owned(2) | | Percentage of Shares Beneficially Owned(3) | | |||||||||||||||||||||
Principal Stockholders: | | | | | | | | | | | | | | | | | | | | | | | ||||
Jing Rong Tang(4) | | | | 1,514,141 | | | | | 6.2 | | | |||||||||||||||
Roumell Asset Management, LLC and James C. Roumell(4) | | | | 1,964,503 | | | | | 8.0 | | | |||||||||||||||
2 Wisconsin Circle, Suite 640 | | | | | | | | | | | | |||||||||||||||
Chevy Chase, MD 20815 | | | | | | | | | | | | |||||||||||||||
Jing Rong Tang(5) | | | | 1,525,141 | | | | | 6.2 | | | |||||||||||||||
c/o HolyStone Enterprises Co., Ltd. | | | | | | | | | | | | | | | | | | | | | | | ||||
1FL No. 62, Sec 2 Huang Shan Road | | | | | | | | | | | | | | | | | | | | | | | ||||
Taipei, Taiwan, R.O.C | | | | | | | | | | | | | | | | | | | | | | | ||||
Roumell Asset Management, LLC and James C. Roumell(5) | | | | 1,347+,270 | | | | | 5.6 | | | |||||||||||||||
2 Wisconsin Circle, Suite 640 | | | | | | | | | | | | |||||||||||||||
Chevy Chase, MD 20815 | | | | | | | | | | | | |||||||||||||||
Directors, Named Executive Officers and certain Executive Officers: | | | | | | | | | | | | | | | | | | | | | | | ||||
Lee-Lean Shu(6) | | | | 3,234,459 | | | | | 13.0 | | | | | | 3,239,615 | | | | | 12.8 | | | ||||
Jack A. Bradley(7) | | | | 62,580 | | | | | * | | | | | | 76,968 | | | | | * | | | ||||
Elizabeth Cholawsky(8) | | | | 16,598 | | | | | * | | | | | | 28,829 | | | | | * | | | ||||
Haydn Hsieh(9) | | | | 81,900 | | | | | * | | | | | | 85,342 | | | | | * | | | ||||
Kim Le(10) | | | | 8,171 | | | | | * | | | | | | 18,962 | | | | | * | | | ||||
Ruey L. Lu(11) | | | | 76,199 | | | | | * | | | | | | 121,332 | | | | | * | | | ||||
Arthur O. Whipple(12) | | | | 141,056 | | | | | * | | | |||||||||||||||
Barbara Nelson(12) | | | | 7,733 | | | | | * | | | |||||||||||||||
Robert Yau(13) | | | | 1,271,439 | | | | | 5.2 | | | | | | 1,231,439 | | | | | 5.0 | | | ||||
Didier Lasserre(14) | | | | 475,367 | | | | | 2.0 | | | | | | 500,288 | | | | | 2.0 | | | ||||
Douglas M. Schirle(15) | | | | 334,625 | | | | | 1.4 | | | | | | 340,625 | | | | | 1.4 | | | ||||
Ping Wu(16) | | | | 345,105 | | | | | 1.4 | | | | | | 347,085 | | | | | 1.4 | | | ||||
Bor-Tay Wu(17) | | | | 1,162,500 | | | | | 4.8 | | | | | | 1,162,500 | | | | | 4.7 | | | ||||
Barbara Nelson(18) | | | | 0 | | | | | * | | | |||||||||||||||
All executive officers and directors as a group (17 persons)(19) | | | | 8,617,874 | | | | | 35.1 | | | |||||||||||||||
All executive officers and directors as a group (15 persons)(18) | | | | 8,010,184 | | | | | 32.1 | | |