Trung T. Doan - 28 Feb 2025 Form 4 Insider Report for SemiLEDs Corp (LEDS)

Reporting relationship: Chairman and CEO, Director, 10%+ Owner
Issuer ticker: LEDS
Reported as of: 28 Feb 2025
Net transaction value: +$399,999
SEC form: 4
Accepted by SEC: 04 Mar 2025, 06:40:43 UTC
Prior SEC filing: 20 Feb 2024
Source filing: View source filing
Reporting owner signature: /s/ Trung T. Doan

Key filing fact

Trung T. Doan filed Form 4 for SemiLEDs Corp (LEDS) on 04 Mar 2025.

Key facts

This page summarizes Trung T. Doan's Form 4 filing for SemiLEDs Corp (LEDS).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 04 Mar 2025, 06:40.

Change

Previous filing in this sequence was filed on 20 Feb 2024.
Current net transaction value: +$399,999.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LEDS transaction

Common Stock

Other

Transaction value: $399,999
Shares: +240,963
Change %: +19%
Price: $1.66
Shares after: 1,516,962
Date: 28 Feb 2025
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 2 footnotes

Footnote F1

On the Effective Date, the Reporting Person received 240,963 shares of Common Stock of the Issuer as a payment of principal pursuant to a Loan Agreement between the Issuer and the Reporting Person dated January 8, 2019, as amended on January 16, 2021, January 14, 2022, January 13, 2023, January 7, 2024, July 3, 2024 and January 15, 2025 (the "Loan Agreement").

Footnote F2

Include 127,141 shares held by the Trung Tri Doan 2010 GRAT, of which Mr. Doan is the sole trustee.