Filing Details

Accession Number:
0001857816-24-000231
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2024-12-10 08:51:55
Reporting Period:
2024-12-06
Accepted Time:
2024-12-10 08:51:55
Original Submission Date:
2024-12-09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1857816 Gigacloud Technology Inc GCT Retail-Catalog & Mail-Order Houses (5961) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
2004239 Xin Wan C/O Gigacloud Technology Inc
4388 Shirley Avenue
El Monte CA 91731
Chief Technology Officer No Yes No No
2014819 Ltd Holdings Winner Faithful C/O Gigacloud Technology Inc
4388 Shirley Avenue
El Monte CA 91731
Chief Technology Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Ordinary Shares, Par Value $0.05 Per Share Disposition 2024-12-06 80,000 $22.14 70,000 No 4 S Indirect By Dongsi Tou Tiao Limited
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Dongsi Tou Tiao Limited
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Ordinary Shares, Par Value $0.05 Per Share 807,540 Indirect By FAITHFUL WINNER HOLDINGS LIMITED
Footnotes
  1. This is an amendment to the Form 4 filed on December 9, 2024. The shares were sold pursuant to the 10b5-1 plan adopted on June 26, 2024.
  2. Represents the weighted average sale price. The lowest price at which shares were sold was $21.52 and the highest price at which shares were sold was $22.50.
  3. The Form 4 filed on December 9, 2024 incorrectly reported the amount of securities beneficially owned following the reported transaction, which should be 70,000 as indicated in this amendment.
  4. Represents Class A Ordinary Shares held by Dongsi Tou Tiao Limited, a company incorporated in British Virgin Islands, for Mr. Xin Wan ("Mr. Wan"). Dongsi Tou Tiao Limited is controlled and managed by Dongsi Tou Tiao Trust, a trust established under a trust deed dated July 13, 2021 between GigaCloud Technology Inc and Futu Trustee as trustee. The trust's beneficiaries are certain directors and executive officers of the Issuer, including Mr. Xin Wan, who are the participants of the Issuer's 2008 Share Incentive Plan and 2017 Share Incentive Plan. The trust deed provides that the trustee shall not exercise the voting rights attached to the Issuer's shares held by Dongsi Tou Tiao Limited, or the investment and dispositive power, unless otherwise directed by the advisory committee of the trust.
  5. The Form 4 filed on December 9, 2024 incorrectly reported the amount of securities beneficially owned following the reported transaction, which should be 807,540 as indicated in this amendment.
  6. This report shall not be deemed an admission that any of the reporting persons is the beneficial owner of such securities for purposes of Section 16 of Securities Exchange Act of 1934, as amended, or for any other purpose.
  7. The securities are directly held by FAITHFUL WINNER HOLDINGS LIMITED. Xin Wan is the sole shareholder and sole director of FAITHFUL WINNER HOLDINGS LIMITED and may be deemed to be an indirect beneficial owner of the securities held by FAITHFUL WINNER HOLDINGS LIMITED.