SEC Form 4 · accession 0001387467-16-000246
ALPHA & OMEGA SEMICONDUCTOR Ltd · AOSL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Kuang Ming Chang
Officer — Senior VP of Marketing
Period of report
Nov 25, 2016
Accepted (ET)
Nov 29, 2016 · 6:43 pm EST
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 ShareF1 | Nov 25, 2016 | M | 3,080 | $14.14 | A | 43,398 | D | |
| Common ShareF2,F3,F1 | Nov 25, 2016 | S | 3,080 | $22.90 | D | 40,318 | D | |
| Common ShareF1 | Nov 28, 2016 | M | 1,329 | $14.14 | A | 41,647 | D | |
| Common ShareF2,F3,F1 | Nov 28, 2016 | S | 1,329 | $22.90 | D | 40,318 | D | |
| Common ShareF1 | Nov 28, 2016 | M | 1,312 | $8.45 | A | 41,630 | D | |
| Common ShareF2,F3,F1 | Nov 28, 2016 | S | 1,312 | $22.90 | D | 40,318 | D | |
| Common ShareF1 | Nov 28, 2016 | M | 4,375 | $7.44 | A | 44,693 | D | |
| Common ShareF2,F3,F1 | Nov 28, 2016 | S | 4,375 | $22.90 | D | 40,318 | 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)F4 | $14.14 | Nov 25, 2016 | M | 3,080 | D | — | Jun 27, 2020 | Common Shares | 3,080 | 11,329 | D |
| Employee Share Option (right to buy)F4 | $14.14 | Nov 28, 2016 | M | 1,329 | D | — | Jun 27, 2020 | Common Shares | 1,329 | 10,000 | D |
| Employee Share Option (right to buy)F5 | $8.45 | Nov 28, 2016 | M | 1,312 | D | — | Feb 13, 2023 | Common Shares | 1,312 | 1,313 | D |
| Employee Share Option (right to buy)F6 | $7.44 | Nov 28, 2016 | M | 4,375 | D | — | Mar 16, 2024 | Common Shares | 4,375 | 13,855 | D |
Explanation of responses
- F1Includes an aggregate of 38,617 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 Sep 14, 2016.
- F3The price reported in Column 4 is the exact price at which all shares were sold.
- F4The option is fully vested and immediately exercisable for all option shares.
- F5The 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.
- F6The 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.