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

Signature
/s/Christopher Lee
Stock symbol
LEDS
Transactions as of
Apr 25, 2023
Transactions value $
$0
Form type
4
Date filed
4/26/2023, 06:25 AM
Previous filing
Jan 24, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEDS Common Stock Award $0 +8K +44.94% $0.00 25.8K Apr 25, 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.