Walter Michael Gough - Jul 7, 2023 Form 4 Insider Report for SemiLEDs Corp (LEDS)

Role: Director
Signature: /s/Christopher Lee attorney-in-fact
Stock symbol: LEDS
Transactions as of: Jul 7, 2023
Transactions value $: $0
Form type: 4
Date filed: 7/11/2023, 06:27 AM
Previous 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	+19.18%	$0.00	31.1K	Jul 7, 2023	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 October 7, 2023, January 7, 2024, April 7, 2024 and July 7, 2024, as long as the Reporting Person's continuous services through the applicable vesting date. In the event that the 2024 annual meeting of stockholders falls before July 7, 2024, 100% of the stock units shall immediately vest on the date of the 2024 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 October 7, 2023, January 7, 2024, April 7, 2024 and July 7, 2024, as long as the Reporting Person's continuous services through the applicable vesting date. In the event that the 2024 annual meeting of stockholders falls before July 7, 2024, 100% of the stock units shall immediately vest on the date of the 2024 annual meeting of stockholders.