DCM IV L P's Form 4 filing
GigaCloud Technology Inc (GCT) · filed Jun 13, 2024
- Accession no.
- 0001857816-24-000153
- Filed
- Jun 13, 2024, 6:06 PM ET
- Trade date
- Jun 11-12, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 4 non-derivative transactions. Open-market sales total $8.80M. It was filed 2 days 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.
| Owner | Relationship to the company |
|---|---|
| DCM IV L PCIK 0001292877 | Director, 10% Owner |
| DCM Affiliates Fund IV L PCIK 0001309186 | Director, 10% Owner |
| DCM International IV, LtdCIK 0001440811 | Director, 10% Owner |
| DCM Investment Management IV, L.P.CIK 0001570869 | Director, 10% Owner |
| DCM Investment Management IX, L.P.CIK 0001740646 | Director, 10% Owner |
| DCM IX, L.P.CIK 0001740647 | Director, 10% Owner |
| DCM International IX, Ltd.CIK 0001740706 | Director, 10% Owner |
| DCM Affiliates Fund IX, L.P.CIK 0001745243 | Director, 10% Owner |
| Bonner Matthew C.CIK 0002001775 | Director, 10% Owner |
| Lin Frank HurstCIK 0002002613 | Director, 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 11, 2024 | Class A Ordinary Shares, par value $0.05 per share | SSaleDisposed | −166,837 | $33.12F2 | −$5,526,025.17 | 5,078,230 | Indirect | |
| Jun 11, 2024 | Class A Ordinary Shares, par value $0.05 per share | SSaleDisposed | −8,341 | $33.90F8 | −$282,724.87 | 5,069,889 | Indirect | |
| Jun 12, 2024 | Class A Ordinary Shares, par value $0.05 per share | SSaleDisposed | −79,599 | $32.48F10 | −$2,585,534.72 | 4,990,290 | Indirect | |
| Jun 12, 2024 | Class A Ordinary Shares, par value $0.05 per share | SSaleDisposed | −12,182 | $33.57F11 | −$408,907.1 | 4,978,108 | Indirect |
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.
- F2
Represents the weighted average sale price. The lowest price at which shares were sold was $32.85 and the highest price at which shares were sold was $33.84.
Referenced by the price of 1 transaction in Table I.
- F8
Represents the weighted average sale price. The lowest price at which shares were sold was $33.855 and the highest price at which shares were sold was $33.97.
Referenced by the price of 1 transaction in Table I.
- F10
Represents the weighted average sale price. The lowest price at which shares were sold was $32.07 and the highest price at which shares were sold was $33.03.
Referenced by the price of 1 transaction in Table I.
- F11
Represents the weighted average sale price. The lowest price at which shares were sold was $33.11 and the highest price at which shares were sold was $33.76.
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.