ALPHA & OMEGA SEMICONDUCTOR Ltd — Director's Dealing 2016

Dec 14, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALPHA & OMEGA SEMICONDUCTOR Ltd (AOSL)
CIK: 0001387467
Period of Report: 2016-12-09

Reporting Person: CHEN ROBERT I (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-09	Common Shares	M	7500	$7.56	Acquired	23635	Direct
2016-12-09	Common Shares	S	7500	$21	Disposed	16135	Direct
2016-12-09	Common Shares	S	2000	$22	Disposed	14135	Direct
2016-12-09	Common Shares	S	3850	$23	Disposed	10285	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-09	Share Option (right to buy)	$7.56	M	7500	Disposed	2023-11-10	Common Share (7500.0)	Direct

Footnotes

F1: Includes 4,513 shares subject to restricted share unit awards granted on November 9, 2016, 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 Nov 8, 2016.

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

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