Yifan Liang - 09 Jan 2023 Form 4 Insider Report for ALPHA & OMEGA SEMICONDUCTOR Ltd (AOSL)

Signature
/s/ Yanbing Hong, attorney-in-fact for Yifan Liang
Issuer symbol
AOSL
Transactions as of
09 Jan 2023
Net transactions value
-$142,230
Form type
4
Filing time
10 Jan 2023, 17:00:23 UTC
Previous filing
17 Mar 2022
Next filing
17 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AOSL Common Shares Options Exercise $55,770 +6,600 +3.5% $8.45 196,690 09 Jan 2023 Direct F1, F2, F3
transaction AOSL Common Shares Sale $198,000 -6,600 -3.4% $30.00 190,090 09 Jan 2023 Direct F1, F2, F3, F4, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AOSL Employee Share Option (right to buy) Options Exercise $0 +6,600 $0.000000* 0 09 Jan 2023 Common Shares 6,600 $8.45 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Reflects 875 and 645 shares acquired under the Issuer's Employee Stock Purchase Plan on May 14, 2022 and November 14, 2022, respectively.
F3 Includes 13,125 unvested shares subject to the PSU granted on March 15, 2021 and 8,750 unvested shares subject to the PSU granted on March 16, 2020 which are subject to vesting upon satisfaction of service-based vesting conditions by the Reporting Person.
F4 The sales were effected pursuant to a Rule 10b5-1 trading plan adopted previously by the Reporting Person.
F5 The price reported in Column 4 is the exact price at which all shares were sold.
F6 The option is fully vested and immediately exercisable for all option shares.