UNITED STATES	 	
 	SECURITIES AND EXCHANGE COMMISSION	 	
 	Washington, D.C. 20549	 	
 	 	 	
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
 (Amendment No. 6)*
 
Netlist, Inc.
(Name of Issuer)
Common Stock, par value $0.001
(Title of Class of Securities)
64118P109
(CUSIP Number)
December 31, 2016
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o	Rule 13d-1(b)	
o	Rule 13d-1(c)	
x	Rule 13d-1(d)	
 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 	1.	Names of Reporting Persons 
 Chun K. Hong	
 	
 	2.	Check the Appropriate Box if a Member of a Group (See Instructions)	
 	 	(a)	o	
 	 	(b)	o	
 	
 	3.	SEC Use Only	
 	
 	4.	Citizenship or Place of Organization 
 United States	
 	 	 	
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With	5.	Sole Voting Power 
 6,658,371 (1)	
	 	
	6.	Shared Voting Power 
0	
	 	
	7.	Sole Dispositive Power 
 6,658,371 (1)	
	 	
	8.	Shared Dispositive Power
0	
 	
 	9.	Aggregate Amount Beneficially Owned by Each Reporting Person 
 6,658,371 (1)	
 	
 	10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o	
 	
 	11.	Percent of Class Represented by Amount in Row (9) 
 10.8%	
 	
 	12.	Type of Reporting Person (See Instructions) 
IN	

(1) Includes 1,620,000 shares subject to options exercisable within 60 days of December 31, 2016, and 4,952,803 shares of common stock held by Mr. Hong as trustee of the Hong-Cha Community Property Trust. Mr. Hong disclaims beneficial ownership of the shares held for this trust.
 
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CUSIP No. 64118P109	

Item 1.	
 	(a)	Name of Issuer
 Netlist, Inc.	
 	(b)	Address of Issuer’s Principal Executive Offices
 175 Technology, Suite 150, Irvine, California,
92618	
 	
Item 2.	
 	(a)	Name of Person Filing
 Chun K. Hong	
 	(b)	Address of Principal Business Office or, if none, Residence
 175 Technology, Suite 150, Irvine, California 92618	
 	(c)	Citizenship
 United States	
 	(d)	Title of Class of Securities
 Common Stock, par value $0.001 per share	
 	(e)	CUSIP Number
 64118P109	
 	
Item 3.	If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:	
 	(a)	o	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).	
 	(b)	o	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).	
 	(c)	o	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).	
 	(d)	o	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).	
 	(e)	o	An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);	
 	(f)	o	An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);	
 	(g)	o	A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);	
 	(h)	o	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);	
 	(i)	o	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);	
 	(j)	o	Group, in accordance with §240.13d-1(b)(1)(ii)(J).
Not Applicable	
 
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CUSIP No. 64118P109	

Item 4.	Ownership	
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.	
 	(a)	Amount beneficially owned:   
6,658,371 (1)	
 	(b)	Percent of class:   
10.8%	
 	(c)	Number of shares as to which the person has:
 	
 	 	(i)	Sole power to vote or to direct the vote   
6,658,371 (1)	
 	 	(ii)	Shared power to vote or to direct the vote    
0	
 	 	(iii)	Sole power to dispose or to direct the disposition of   
6,658,371 (1)	
 	 	(iv)	Shared power to dispose or to direct the disposition of   
0	
 	
Item 5.	Ownership of Five Percent or Less of a Class	
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following   o .	
 	
Item 6.	Ownership of More than Five Percent on Behalf of Another Person	
 	Not Applicable	
 	
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person	
 	Not Applicable	
 	
Item 8.	Identification and Classification of Members of the Group	
 	Not Applicable	
 	
Item 9.	Notice of Dissolution of Group	
 	Not Applicable	

(1) Includes 1,620,000 shares subject to options exercisable within 60 days of December 31, 2016, and 4,952,803 shares of common stock held by Mr. Hong as trustee of the Hong-Cha Community Property Trust. Mr. Hong disclaims beneficial ownership of the shares held for this trust.
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CUSIP No. 64118P109	
 	 	
Item 10.	Certification	
 	Not Applicable	
 
Signature
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 	February 14, 2017	
 	Date	
 	
 /s/ Chun K. Hong	
 	Signature	
 	
 Chun K. Hong	
 	Name/Title	
 
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