SEC Form 4 · accession 0001630738-15-000001
SemiLEDs Corp · LEDS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hsin-Liang Christopher Lee
Officer — Chief Financial Officer
Period of report
Aug 22, 2015
Accepted (ET)
Aug 25, 2015 · 3:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001333822
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 22, 2015 | A | 25,000 | $0.00 | A | 55,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares represent restricted stock units and will be settled in LEDS common stock upon vesting, 25% of the restricted stock units will vest on September 1 in each of 2016, 2017, 2018 and 2019, and will become fully vested upon a change in control. Vested shares will be delivered to the reporting person within the first open trading window following the vesting date, but in no event later than the 15th day of the 3rd month following the end of the Company's tax year that includes the vesting date.