Mike F. Chang - Mar 15, 2024 Form 4 Insider Report for ALPHA & OMEGA SEMICONDUCTOR Ltd (AOSL)

Signature
/s/ Yanbing Hong, attorney-in-fact for Mike F. Chang
Stock symbol
AOSL
Transactions as of
Mar 15, 2024
Transactions value $
-$1,184,604
Form type
4
Date filed
3/18/2024, 04:47 PM
Previous filing
Jan 30, 2024
Next filing
May 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AOSL Common Shares Award $0 +37.5K +0.84% $0.00 4.53M Mar 15, 2024 Direct F1, F2, F3
transaction AOSL Common Shares Tax liability -$664K -30.8K -0.68% $21.55 4.5M Mar 15, 2024 Direct F2, F3, F4
transaction AOSL Common Shares Tax liability -$521K -24.2K -0.54% $21.55 4.47M Mar 15, 2024 Direct F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Share Unit (RSU) shall vest in equal annual installments over four (4) years from March 15, 2024, provided that the Reporting Person remains in the Issuer's service through each such vesting date.
F2 Includes 27,090 unvested shares subject to the Performance Share Unit (PSU) granted on March 15, 2022 which are subject to vesting upon satisfaction of service-based vesting conditions by the Reporting Person .
F3 Includes an aggregate of 118,125 shares subject to Restricted Share Unit awards (RSU) granted on March 15, 2021, March 15, 2022, March 15, 2023, and March 15, 2024 which will be issued as such units vest in accordance with their terms, and excludes 37,500 unvested common shares subject to the PSU granted on March 15, 2024, which may become vested upon achievement of certain corporate performance goals in the future.
F4 Shares withheld to satisfy the Issuer's tax withholding obligation upon vesting of Restricted Share Units (RSU) granted on March 16, 2020, March 15, 2021, March 15, 2022, and March 15, 2023.
F5 Shares withheld to satisfy the Issuer's tax withholding obligation upon the vesting of Performance Share Units (PSU) granted on March 16, 2020, March 15, 2021, and March 15, 2022.