05/21/2026 | Press release | Distributed by Public on 05/21/2026 15:02
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FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | |||
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1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Employee Stock Option (right to buy) | (1) | 08/02/2027 | Common Stock | 12,650 | $2.7 | D | |
| Employee Stock Option (right to buy) | (2) | 04/30/2029 | Common Stock | 58,200 | $2.24 | D | |
| Employee Stock Option (right to buy) | (3) | 04/27/2031 | Common Stock | 83,900 | $3.85 | D | |
| Employee Stock Option (right to buy) | (4) | 01/25/2032 | Common Stock | 100,000 | $3.95 | D | |
| Restricted Stock Units | (5) | (5) | Common Stock | 4,600 | (6) | D | |
| Restricted Stock Units | (7) | (7) | Common Stock | 8,450 | (6) | D | |
| Employee Stock Option (right to buy) | (8) | 04/25/2033 | Common Stock | 75,000 | $9.33 | D | |
| Employee Stock Option (right to buy) | (9) | 08/01/2033 | Common Stock | 55,000 | $33.76 | D | |
| Restricted Stock Units | (10) | (10) | Common Stock | 2,440 | (6) | D | |
| Employee Stock Option (right to buy) | (11) | 01/29/2035 | Common Stock | 120,000 | $27.8 | D | |
| Restricted Stock Units | (12) | (12) | Common Stock | 4,239 | (6) | D | |
| Restricted Stock Units | (13) | (13) | Common Stock | 13,661 | (6) | D | |
| Employee Stock Option (right to buy) | (14) | 06/20/2035 | Common Stock | 40,475 | $45.32 | D | |
| Restricted Stock Units | (15) | (15) | Common Stock | 2,031 | (6) | D | |
| Restricted Stock Units | (16) | (16) | Common Stock | 6,000 | (6) | D | |
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Malyala Vikranth 980 ROCK AVENUE SAN JOSE, CA 95131 |
SVP, Chief Business Officer | |||
| /s/ Vikranth Malyala | 05/21/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | The vesting commencement date is May 22, 2017. The option is exercisable at the rate of 1/4th of the shares on the first anniversary of the vesting commencement date and 1/16th at the end of each successive calendar quarter thereafter. |
| (2) | The vesting commencement date is April 30, 2019. The option is exercisable at the rate of 1/4th of the shares on the first anniversary of the vesting commencement date and 1/16th at the end of each successive calendar quarter thereafter. |
| (3) | The vesting commencement date is April 27, 2021. The option is exercisable at the rate of 1/4th of the shares on the first anniversary of the vesting commencement date and 1/16th at the end of each successive calendar quarter thereafter. |
| (4) | Subject to the Reporting Person's continued service to SMCI, the total number of shares subject to the option shall vest and become exercisable at the rate of 1/8th of the shares on the first quarter of the vesting commencement date on April 25, 2022, and 1/8th at the end of each successive calendar quarter thereafter. |
| (5) | Subject to the Reporting Person's continued service to SMCI, the restricted stock units vest in four equal annual increments on July 1 of each year, beginning on July 1, 2023. Vested units are settled in shares of SMCI common stock. |
| (6) | Each restricted stock unit represents a contingent right to receive one share of SMCI common stock. |
| (7) | Subject to the Reporting Person's continued service to SMCI, the restricted stock units vest at the rate of 25% of the total number of units on May 10, 2024 and 1/16th at the end of each successive calendar quarter thereafter. Vested units are settled in shares of SMCI common stock. |
| (8) | The vesting commencement date is April 25, 2023. The option is exercisable at the rate of 1/4th of the shares on the first anniversary of the vesting commencement date and 1/16th at the end of each successive calendar quarter thereafter. |
| (9) | Subject to the Reporting Person's continued service to SMCI, the total number of shares subject to the option shall vest and become exercisable at the rate of 1/8th of the shares on the first quarter of the vesting commencement date on November 1, 2023, and 1/8th at the end of each successive calendar quarter thereafter. |
| (10) | Subject to the Reporting Person's continued service to SMCI, the restricted stock units vest in four equal annual increments on July 1 of each year, beginning on July 1, 2024. Vested units are settled in shares of SMCI common stock. |
| (11) | Subject to the Reporting Person's continued service to SMCI, the total number of shares subject to the option shall vest and become exercisable at the rate of 1/8th of the shares on the first quarter of the vesting commencement date on April 29, 2025, and 1/8th at the end of each successive calendar quarter thereafter. |
| (12) | Subject to the Reporting Person's continued service to SMCI, the restricted stock units vest in four equal annual increments on July 1 of each year, beginning on July 1, 2025. Vested units are settled in shares of SMCI common stock. |
| (13) | Subject to the Reporting Person's continued service to SMCI the restricted stock units vest at the rate of 25% of the total number of units on May 10, 2026 and 1/16th at the end of each successive calendar quarter thereafter. Vested units are settled in shares of SMCI common stock. |
| (14) | The vesting commencement date is April 29, 2025. The option is exercisable at the rate of 1/4th of the shares on the first anniversary of the vesting commencement date and 1/16th at the end of each successive calendar quarter thereafter. |
| (15) | Subject to the Reporting Person's continued service SMCI, the restricted stock units vest in four equal annual increments on July 1 of each year, beginning on July 1, 2026. Vested units are settled in shares of SMCI common stock. |
| (16) | Subject to the Reporting Person's continued service to SMCI, the restricted stock units vest in two equal tranches on February 17, 2026 and August 17, 2026. Vested units are settled in shares of SMCI common stock. |