SEC Form 4 · accession 0001387467-16-000209
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 21, 2016
Accepted (ET)
Sep 23, 2016 · 5:40 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Sep 21, 2016 | M | 26,971 | $7.44 | A | 364,411 | D | |
| Common SharesF2,F3,F1 | Sep 21, 2016 | S | 26,971 | $20.6501 | D | 337,440 | D | |
| Common SharesF1 | Sep 21, 2016 | M | 10,000 | $18.00 | A | 347,440 | D | |
| Common SharesF2,F4,F1 | Sep 21, 2016 | S | 10,000 | $20.6475 | 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)F5 | $7.44 | Sep 21, 2016 | M | 26,971 | D | — | Mar 16, 2024 | Common Share | 26,971 | 31,667 | D |
| Employee Share Option (right to buy)F6 | $18.00 | Sep 21, 2016 | M | 10,000 | D | — | Apr 27, 2020 | Common Shares | 10,000 | 0 | D |
Explanation of responses
- F1Includes 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.
- F2The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on Aug 19, 2016.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.30 to $20.85, 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.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.34 to $20.87, 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 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.
- F6The option is fully vested and immediately exercisable for all option shares.