ALPHA & OMEGA SEMICONDUCTOR Ltd — Director's Dealing 2015

Nov 12, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALPHA & OMEGA SEMICONDUCTOR Ltd (AOSL)
CIK: 0001387467
Period of Report: 2015-11-09

Reporting Person: Liang Yifan (CFO and Corp Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-09	Common Shares	M	12	$6.40	Acquired	40417	Direct
2015-11-09	Common Shares	S	12	$9.50	Disposed	40405	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-11-09	Employee Share Option (right to buy)	$6.4	M	12	Disposed	2016-01-30	Common Shares (12.0)	Direct

Footnotes

F1: Includes an aggregate of 32,698 shares subject to RSU awards granted on April 26, 2012, February 14, 2013, March 17, 2014, August 15, 2014, and March 16, 2015, which will be issued as such units vest in accordance with their terms.

F2: The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 29, 2015.

F3: The price reported in Column 4 is an exact price at which all shares were sold.

F4: The option is fully vested and immediately exercisable for all option shares.