SEC Form 4 · accession 0001387467-17-000050
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
May 4, 2017
Accepted (ET)
May 8, 2017 · 6:26 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common ShareF1,F2,F3 | May 4, 2017 | S | 1,203 | $18.00 | D | 46,650 | D | |
| Common ShareF3 | May 4, 2017 | M | 4,375 | $7.44 | A | 51,025 | D | |
| Common ShareF1,F2,F3 | May 4, 2017 | S | 4,375 | $19.00 | D | 46,650 | D | |
| Common ShareF3 | May 4, 2017 | M | 1,313 | $8.45 | A | 47,963 | D | |
| Common ShareF1,F2,F3 | May 4, 2017 | S | 1,313 | $19.00 | D | 46,650 | 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 | $7.44 | May 4, 2017 | M | 4,375 | D | — | Mar 16, 2024 | Common Shares | 4,375 | 9,480 | D |
| Employee Share Option (right to buy)F5 | $8.45 | May 4, 2017 | M | 1,313 | D | — | Feb 13, 2023 | Common Shares | 1,313 | 0 | D |
Explanation of responses
- F1The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on Mar 8, 2017.
- F2The price reported in Column 4 is the exact price at which all shares were sold.
- F3Includes an aggregate of 38,838 shares subject to restricted share unit awards granted on March 17, 2014, March 16, 2015, March 15, 2016, and March 15, 2017, which will be issued as such units vest in accordance with their terms.
- F4The option was granted on March 17, 2014 and became 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.
- F5The option is fully vested and immediately exercisable for all option shares.