0001104659-12-014705 4 1 20120227 20120229 20120229 Hong Chun K 0001381057 4 34 001-33170 12655061 C/O NETLIST, INC. 51 DISCOVERY, STE 150 IRVINE CA 92618 NETLIST INC 0001282631 3674 954812784 DE 1231 51 DISCOVERY, STE 150 IRVINE CA 92618 949-435-0025 51 DISCOVERY, STE 150 IRVINE CA 92618 4 1 a4.xml 4 X0304 4 2012-02-27 0 0001282631 NETLIST INC NLST 0001381057 Hong Chun K 51 DISCOVERY, SUITE 150 IRVINE CA 92618 1 1 1 0 President CEO and Chairman Employee Stock Option (Right to Buy) 3.59 2012-02-27 4 A 0 300000 0 A 2022-02-27 Common Stock 300000 300000 D The options vests in sixteen (16) equal quarterly installments through February 27, 2016 /s/ Chun K. Hong 2012-02-29