Walter Michael Gough - Nov 12, 2021 Form 4 Insider Report for SemiLEDs Corp (LEDS)

Role: Director
Signature: /s/ Christopher Lee attorney-in-fact
Stock symbol: LEDS
Transactions as of: Nov 12, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/12/2021, 05:47 AM
Next filing: Nov 7, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LEDS	Common Stock	Award	$0	+5K	+31.12%	$0.00	21.1K	Nov 12, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares represent restricted stock units and will be settled in LEDS common stock upon vesting, 25% of the restricted stock units will vest on February 12, 2022, May 12, 2022, August 12, 2022 and November 12, 2022, so long as the Reporting Person's continuous service through the applicable vesting date. In the event that the 2022 annual meeting of stockholders falls before November 12, 2022, 100% of the stock units shall immediately vest on the date of the 2022 annual meeting of stockholders.

Content

These shares represent restricted stock units and will be settled in LEDS common stock upon vesting, 25% of the restricted stock units will vest on February 12, 2022, May 12, 2022, August 12, 2022 and November 12, 2022, so long as the Reporting Person's continuous service through the applicable vesting date. In the event that the 2022 annual meeting of stockholders falls before November 12, 2022, 100% of the stock units shall immediately vest on the date of the 2022 annual meeting of stockholders.