Hsin-Liang Christopher Lee - 25 Apr 2023 Form 4 Insider Report for SemiLEDs Corp (LEDS)

Signature
/s/Christopher Lee
Issuer symbol
LEDS
Transactions as of
25 Apr 2023
Net transactions value
$0
Form type
4
Filing time
26 Apr 2023, 06:25:42 UTC
Previous filing
24 Jan 2023
Next filing
19 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEDS Common Stock Award $0 +8,000 +45% $0.000000 25,800 25 Apr 2023 Direct F1, F2
* 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, 12.5% of the restricted stock units will vest every three months starting from the vesting commencement date of April 25, 2023, so long as the Reporting Person's continuous service through the applicable vesting date. These restricted stock units will become fully vested upon a change of control.
F2 Reflects one-for-ten reverse stock split on April 15th, 2016.