Yifan Liang - Mar 15, 2022 Form 4 Insider Report for ALPHA & OMEGA SEMICONDUCTOR Ltd (AOSL)

Signature
/s/ Yanbing Hong, attorney-in-fact for Yifan Liang
Stock symbol
AOSL
Transactions as of
Mar 15, 2022
Transactions value $
-$548,772
Form type
4
Date filed
3/17/2022, 07:01 PM
Previous filing
Nov 2, 2021
Next filing
Jan 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AOSL Common Shares Award $0 +22.5K +14.66% $0.00 176K Mar 15, 2022 Direct F1, F2
transaction AOSL Common Shares Tax liability -$315K -6.48K -3.68% $48.65 169K Mar 15, 2022 Direct F2, F3
transaction AOSL Common Shares Tax liability -$234K -4.8K -2.83% $48.65 165K Mar 15, 2022 Direct F2, F4
transaction AOSL Common Shares Award $0 +5.5K +3.34% $0.00 170K Mar 15, 2022 Direct F2, F5
transaction AOSL Common Shares Award $0 +17.5K +10.23% $0.00 189K Mar 15, 2022 Direct F2, F6, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSU shall vest in equal annual installments over four (4) years from March 15, 2022, provided that the Reporting Person remains in the Issuer's service through each such vesting date.
F2 Includes an aggregate of 47,625 shares subject to Restricted Share Unit awards (RSU) granted on March 15, 2019, March 16, 2020, March 15, 2021, and March 15, 2022 which will be issued as such units vest in accordance with their terms, and excludes 17,500 unvested common shares subject to the PSU granted on March 15, 2022, which may become vested upon achievement of certain corporate performance goals in the future.
F3 Shares withheld to satisfy the Issuer's tax withholding obligation upon the vesting of restricted share units (RSU) granted on March 15, 2018, March 15, 2019, March 16, 2020, and March 15, 2021.
F4 Shares withheld to satisfy the Issuer's tax withholding obligation upon the vesting of Performance Share Units (PSU) granted on March 15, 2018, March 16, 2020, and March 15, 2021.
F5 Represents the issuance of common shares upon vesting of one-fourth (1/4) of PSU granted on March 15, 2018. The achievement of specified performance goals for such PSU was certified previously by the Compensation Committee on February 27, 2019, and the issuance common shares thereunder are subject to additional service-based vesting conditions in four equal annual installment commencing in March 2019.
F6 Represents the vesting of PSU granted on March 15, 2021 upon the achievement of specified performance goals as certified previously by the Compensation Committee on February 24, 2022 and the issuance of shares thereunder is subject to vesting in four equal annual installment commencing in March 2022 provided that the Reporting Person remains in the issuer's service through each such vesting date.
F7 Includes 13,125 unvested shares subject to the PSU granted on March 15, 2021 which are subject to vesting upon satisfaction of service-based vesting conditions by the Reporting Person.
F8 Reflects 875 shares acquired under the Issuer's Employee Stock Purchase Plan on November 14, 2021.