Key facts
- This page summarizes Simplot Taiwan Inc.'s Form 4 filing for SemiLEDs Corp (LEDS).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 10 Jan 2024, 17:03.
Simplot Taiwan Inc. - 08 Jan 2024 Form 4 Insider Report for SemiLEDs Corp (LEDS)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- LEDS
- Reported as of
- 08 Jan 2024
- Net transaction value
- +$399,999
- SEC form
- 4
- Accepted by SEC
- 10 Jan 2024, 17:03:40 UTC
- Next SEC filing
- 04 Mar 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Scott R. Simplot, Director
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Simplot Taiwan Inc. filed Form 4 for SemiLEDs Corp (LEDS) on 10 Jan 2024.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: +$399,999.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
LEDS
transaction
Common Stock
Conversion of derivative security
- Transaction value
- $1,375,529
- Shares
- +1,050,022
- Change %
- +96%
- Price
- $1.31
- Shares after
- 2,139,956
- Date
- 08 Jan 2024
- Ownership
- Direct
- Footnotes
- F1
LEDS
transaction
Common Stock
Other
- Transaction value
- $399,999
- Shares
- +305,343
- Change %
- +14%
- Price
- $1.31
- Shares after
- 2,445,299
- Date
- 08 Jan 2024
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
LEDS
transaction
Derivative
Convertible Unsecured Promissory Note
Conversion of derivative security
- Transaction value
- $1,375,529
- Shares
- Change %
- Price
- Shares after
- 0
- Date
- 08 Jan 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,050,022
- Exercise price
- $1.31
- Footnotes
- F1, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
These shares were issued pursuant to the conversion of a Convertible Unsecured Promissory Note assigned to Simplot Taiwan Inc., an Idaho corporation (the "Reporting Person"), on February 20, 2020 by its sole owner, J.R. Simplot Company, a Nevada corporation ("JRS"), in the original principal amount of $1,500,00 (the "Note") for no consideration. The Note is convertible into Common Stock of the Issuer at any time at a conversion price of $1.31. On January 8, 2024 (the "Effective Date"), the Reporting Person converted an aggregate amount of $1,375,529 under the Note, which amount represents $1,200,000 of principal and $175,529 of interest, into 1,050,022 shares of Common Stock of the Issuer.
Footnote F2
On the Effective Date, the Reporting Person received 305,343 shares of Common Stock of the Issuer as a payment of interest pursuant to a Loan Agreement between the Issuer and JRS dated January 8, 2019, as amended on January 16, 2021, January 14, 2022, January 13, 2023 and January 7, 2024, and assigned by JRS to the Reporting Person.
Footnote F3
The Note has no expiration date. As a result of the transaction reported herein, all amounts due and payable under the Note have been satisfied in full.