Purchase of GigaMedia Shares by CEO James Huang on December 19 and 20, 2017
TAIPEI, Taiwan, December 21, 2017 – GigaMedia Limited (NASDAQ: GIGM) today announced that its Chief Executive Officer Cheng-Ming Huang a.k.a. James Huang has purchased a total of 44,133 shares of GigaMedia stock by Pacific Star Universal Group Ltd. at an average price of $3.0058 on December 19th and 20th, 2017. The purchases were made during an open window period and in full compliance with all company and legal guidelines.
Mr. Cheng-Ming Huang now holds a total of 336,811 shares, an ownership of around 3.05% in the Company.