SEC Form 4 · accession 0001387467-16-000207

ALPHA & OMEGA SEMICONDUCTOR Ltd · AOSL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Yueh-Se Ho

Officer — Chief Operating Officer · Director

Period of report

Sep 19, 2016

Accepted (ET)

Sep 21, 2016 · 8:26 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001387467

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Shares^F1,F2,F3	Sep 19, 2016	S	258	$21.3263	D	337,440	D
Common Shares^F3	Sep 19, 2016	M	21,900	$18.00	A	359,340	D
Common Shares^F1,F4,F3	Sep 19, 2016	S	21,900	$21.1357	D	337,440	D
Common Shares^F3	Sep 19, 2016	M	34,000	$12.68	A	371,440	D
Common Shares^F1,F4,F3	Sep 19, 2016	S	34,000	$21.1288	D	337,440	D
Common Shares^F3	Sep 19, 2016	M	7,691	$9.90	A	345,131	D
Common Shares^F1,F4,F3	Sep 19, 2016	S	7,691	$21.1288	D	337,440	D
Common Shares^F3	Sep 20, 2016	M	12,709	$9.90	A	350,149	D
Common Shares^F3	Sep 20, 2016	M	21,362	$7.44	A	371,511	D
Common Shares^F3	Sep 20, 2016	M	17,850	$8.45	A	389,361	D
Common Shares^F1,F5,F3	Sep 19, 2016	S	51,921	$21.0303	D	337,440	D
Common Shares^F3	Sep 20, 2016	M	14,446	$18.00	A	351,886	D
Common Shares^F3	Sep 20, 2016	M	3,654	$18.00	A	355,540	D
Common Shares^F1,F6,F3	Sep 20, 2016	S	18,100	$21.0573	D	337,440	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Share Option (right to buy)^F7	$18.00	Sep 19, 2016	M	21,900	D	—	Apr 27, 2020	Common Shares	21,900	28,100	D
Employee Share Option (right to buy)^F7	$12.68	Sep 19, 2016	M	34,000	D	—	Mar 6, 2021	Common Shares	34,000	0	D
Employee Share Option (right to buy)^F7	$9.90	Sep 19, 2016	M	7,691	D	—	Apr 25, 2022	Common Share	7,691	12,709	D
Employee Share Option (right to buy)^F7	$9.90	Sep 20, 2016	M	12,709	D	—	Apr 25, 2022	Common Share	12,709	0	D
Employee Share Option (right to buy)^F8	$7.44	Sep 20, 2016	M	21,362	D	—	Mar 16, 2024	Common Share	21,362	58,638	D
Employee Share Option (right to buy)^F9	$8.45	Sep 20, 2016	M	17,850	D	—	Feb 13, 2023	Common Shares	17,850	2,550	D
Employee Share Option (right to buy)^F7	$18.00	Sep 20, 2016	M	14,446	D	—	Apr 27, 2020	Common Shares	14,446	13,654	D
Employee Share Option (right to buy)^F7	$18.00	Sep 20, 2016	M	3,654	D	—	Apr 27, 2020	Common Shares	3,654	10,000	D

Explanation of responses

F1The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on Aug 19, 2016.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.21 to $21.36, inclusive. The Reporting Person undertakes to provide to Alpha and Omega Semiconductor Limited, any security holder of Alpha and Omega Semiconductor Limited, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F3Includes an aggregate of 45,119 shares subject to restricted share unit awards granted on February 14, 2013, March 17, 2014, March 16, 2015, and March 15, 2016, which will be issued as such units vest in accordance with their terms.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.91 to $21.44, inclusive. The Reporting Person undertakes to provide to Alpha and Omega Semiconductor Limited, any security holder of Alpha and Omega Semiconductor Limited, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.76 to $21.22, inclusive. The Reporting Person undertakes to provide to Alpha and Omega Semiconductor Limited, any security holder of Alpha and Omega Semiconductor Limited, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.78 to $21.21, inclusive. The Reporting Person undertakes to provide to Alpha and Omega Semiconductor Limited, any security holder of Alpha and Omega Semiconductor Limited, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F7The option is fully vested and immediately exercisable for all option shares.
F8The option was granted on March 17, 2014 and becomes exercisable with respect to one-fourth (1/4) of the underlying shares on March 15, 2015, and thereafter the balance of the option shares become exercisable in a series of thirty-six (36) successive equal monthly installments.
F9The option was granted on February 14, 2013 and becomes exercisable with respect to one-fourth (1/4) of the underlying shares on February 14, 2014, and thereafter the balance of the option shares become exercisable in a series of thirty-six (36) successive equal monthly installments.