Trung T. Doan - Feb 9, 2024 Form 4 Insider Report for SemiLEDs Corp (LEDS)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Trung T. Doan
Stock symbol
LEDS
Transactions as of
Feb 9, 2024
Transactions value $
$800,000
Form type
4
Date filed
2/20/2024, 06:30 AM
Previous filing
Jan 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEDS Common Stock Conversion of derivative security $800K +630K +97.5% $1.27 1.28M Feb 9, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 1. Include 127,141 shares held by the Trung Tri Doan 2010 GRAT, of which Mr. Doan is the sole trustee.