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ALPHA & OMEGA SEMICONDUCTOR Ltd Director's Dealing 2011

Jul 1, 2011

32375_dirs_2011-07-01_8fc0f338-9b67-42ee-9200-7e8c069f61d9.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ALPHA & OMEGA SEMICONDUCTOR Ltd (AOSL)
CIK: 0001387467
Period of Report: 2011-07-01

Reporting Person: Ho Yueh-Se (Director, Chief Operating Officer)

Holdings (Non-Derivative)

Security Shares Ownership
Common Shares 281925 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Share Option (right to buy) $11.00 2017-07-12 Common Shares (48000) Direct
Employee Share Option (right to buy) $11.00 2017-07-12 Common Shares (3659) Direct
Employee Share Option (right to buy) $11.00 2017-07-12 Common Shares (23341) Direct
Employee Share Option (right to buy) $18.00 2020-04-27 Common Shares (50000) Direct
Employee Share Option (right to buy) $12.68 2021-03-06 Common Shares (34000) Direct

Footnotes

F1: As of July 1, 2011, the option is fully vested and immediately exercisable for all option shares.

F2: The option was granted on April 28, 2010 and becomes exercisable with respect to one-fifth (1/5) of the underlying shares on the first anniversary of the grant date, and thereafter the balance of the option shares become exercisable in a series of forty-eight (48) successive equal monthly installments.

F3: The option was granted on March 7, 2011 and becomes exercisable with respect to one-fifth (1/5) of the underlying shares on the first anniversary of the grant date, and thereafter the balance of the option shares become exercisable in a series of forty-eight (48) successive equal monthly installments.