0001104659-11-018294 4 1 20110317 20110401 20110401 NETLIST INC 0001282631 3674 954812784 DE 475 GODDARD IRVINE CA 92618 SASAKI GAIL M 0001422990 4 34 001-33170 11733021 2375 BURNHAM DR TUSTIN CA 92782 ITOW GAIL MISAKO 20080107 4 1 a4.xml 4 X0303 4 2011-03-17 0 0001282631 NETLIST INC NLST 0001422990 SASAKI GAIL M 51 DISCOVERY, SUITE 150 IRVINE CA 92618 0 1 0 0 Vice President and CFO Common Stock 2011-03-30 4 S 0 1875 3.00 D 13125 D Common Stock 2011-03-30 4 M 0 8125 0.29 A 21250 D Common Stock 2011-03-30 4 S 0 8125 3.00 D 13125 D Employee Stock Option (Right to Buy) 2.21 2011-03-17 4 A 0 75000 0 A 2021-03-17 Common Stock 75000 75000 D Employee Stock Option (Right to Buy) 0.29 2011-03-30 4 M 0 8125 0 D 2018-11-20 Common Stock 8125 16875 D Sales reported were effected pursuant to a Rule 10b-5-1 trading plan previously adopted by the reporting person. Exercise of stock option and same day sale of underlying common shares pursuant to the Amended and Restated Netlist, Inc. Equity Incentive Plan. The option vests in sixteen (16) equal quarterly installments through March 17, 2015. The option vests in sixteen (16) equal quarterly installments through December 4, 2012. /s/ Gail M. Sasaki 2011-04-01