SEC Form 4 · accession 0001630738-18-000001
SemiLEDs Corp · LEDS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
SemiLEDs Corp
Officer — CFO
Period of report
Jan 31, 2018
Accepted (ET)
Feb 2, 2018 · 10:28 am EST
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 stocksF1,F2 | Jan 31, 2018 | A | 6,000 | $0.00 | A | 11,500 | 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 stock upon vesting, 50% of the restricted stock units will vest on January 1st in each of 2019 and 2020 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.
- F2Reflects one-for-ten reverse stock split on April 15th, 2016