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DCM IV L P's Form 4 filing

GigaCloud Technology Inc (GCT) · filed Mar 29, 2024

Accession no.
0001857816-24-000069
Filed
Mar 29, 2024, 7:59 PM ET
Trade date
Mar 28, 2024
Filing delay
1 day
Rule 10b5-1 plan
Not checked

This filing lists 2 non-derivative transactions. Open-market sales total $2.59M. It was filed 1 day after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
DCM IV L PCIK 0001292877Director, 10% Owner
DCM Affiliates Fund IV L PCIK 0001309186Director, 10% Owner
DCM International IV, LtdCIK 0001440811Director, 10% Owner
DCM Investment Management IV, L.P.CIK 0001570869Director, 10% Owner
DCM Investment Management IX, L.P.CIK 0001740646Director, 10% Owner
DCM IX, L.P.CIK 0001740647Director, 10% Owner
DCM International IX, Ltd.CIK 0001740706Director, 10% Owner
DCM Affiliates Fund IX, L.P.CIK 0001745243Director, 10% Owner
Bonner Matthew C.CIK 0002001775Director, 10% Owner
Lin Frank HurstCIK 0002002613Director, 10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Mar 28, 2024Class A Ordinary Shares, par value $0.05 per shareSSaleDisposed−70,154$27.18F1−$1,906,519.135,694,148Indirect
Mar 28, 2024Class A Ordinary Shares, par value $0.05 per shareSSaleDisposed−24,259$27.97F7−$678,543.645,669,889Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Represents the weighted average sale price. The lowest price at which shares were sold was $26.75 and the highest price at which shares were sold was $27.74.

Referenced by the price of 1 transaction in Table I.

F7

Represents the weighted average sale price. The lowest price at which shares were sold was $27.75 and the highest price at which shares were sold was $28.50.

Referenced by the price of 1 transaction in Table I.

Remarks

1. Lin serves on the board of directors of the Issuer. 2. Matthew C. Bonner signs as attorney-in-fact for each of Lin, DCM IV, Affiliates IV, DGP IV, UGP IV, DCM IX, Affiliates IX, DGP IX and UGP IX pursuant to a Power of Attorney which was included in the Schedule 13D filed by the Reporting Persons with the Securities and Exchange Commission on August 29, 2023.

Read the full filing on SEC EDGAR (opens in a new tab)