FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
Corsair Gaming, Inc. [ CRSR ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
3. Date of Earliest Transaction
(Month/Day/Year) 01/01/2022 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 01/01/2022 | M | 12,550 | A | $0.00 | 2,597,446(1) | D | |||
Common Stock | 01/01/2022 | F | 4,765 | D | $21.01 | 2,592,681(1) | D | |||
Common Stock | 07/01/2022 | M | 6,275 | A | $0.00 | 2,695,836(1) | D | |||
Common Stock | 07/01/2022 | F | 3,112 | D | $13.21 | 2,692,724(1) | D | |||
Common Stock | 11/09/2022 | A | 78,064(2) | A | $0 | 2,802,164(3) | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (4) | 01/01/2022 | M | 12,550 | (4) | (4) | Common Stock | 12,550 | $0 | 37,651(1) | D | ||||
Restricted Stock Units | (4) | 07/01/2022 | M | 6,275 | (4) | (4) | Common Stock | 6,275 | $0 | 31,376(1)(5) | D |
Explanation of Responses: |
1. The total reported in Column 5 of Table I and in Column 9 of Table II is as of the transaction date. |
2. Restricted stock units ("RSUs") granted in lieu of cash compensation for the remainder of 2022 and 2023. Each RSU represents a contingent right to receive one share of Issuer common stock upon vesting. RSUs shall vest as to 1/28th of the RSUs on each 15th and 30th of each calendar month (or if no such date exists, the last day of the applicable calendar month) following the date of grant, except for any RSUs that would have vested on December 30th of the applicable year shall instead also vest on December 15th (such that 100% of the RSUs shall be vested on December 15, 2023). |
3. Includes 206,320 RSUs. The Reporting Person reported a prior award of RSUs in Table II of the Form 4 filed on 2/12/2021. The total reported in this Column 5 of Table I reflects the 31,376 remaining RSUs previously reported in Table II. The 206,320 RSUs referenced in this footnote is comprised of the 78,064 newly granted RSUs, the 96,880 RSUs granted on 2/2/2022 and the 31,376 remaining RSUs granted on 2/12/2021. |
4. Each RSU represents a contingent right to receive one share of Issuer common stock upon vesting. The RSUs vest as to 25% of the total shares on January 1, 2022; and as to 12.5% of the total shares on each six month anniversary thereafter. |
5. On 11/9/2022, the Reporting Person moved the remaining 31,376 RSUs reported herein to Table I. |
/s/ Michael G. Potter, as attorney-in-fact for Andrew J. Paul | 11/14/2022 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
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 Number. |