ALPHA & OMEGA SEMICONDUCTOR Ltd — Director's Dealing 2016

Aug 13, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALPHA & OMEGA SEMICONDUCTOR Ltd (AOSL)
CIK: 0001387467
Period of Report: 2016-08-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-10	Common Shares	M	500	$11	Acquired	338198	Direct
2016-08-10	Common Shares	S	500	$15	Disposed	337698	Direct
2016-08-11	Common Shares	M	47500	$11	Acquired	385198	Direct
2016-08-11	Common Shares	S	47500	$15.55	Disposed	337698	Direct
2016-08-11	Common Shares	M	23341	$11	Acquired	361039	Direct
2016-08-11	Common Shares	S	23341	$15.55	Disposed	337698	Direct
2016-08-11	Common Shares	M	3659	$11	Acquired	341357	Direct
2016-08-11	Common Shares	S	3659	$15.55	Disposed	337698	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-10	Employee Share Option (right to buy)	$11.0	M	500	Disposed	2017-07-12	Common Shares (500.0)	Direct
2016-08-11	Employee Share Option (right to buy)	$11.0	M	47500	Disposed	2017-07-12	Common Shares (47500.0)	Direct
2016-08-11	Employee Share Option (right to buy)	$11.0	M	23341	Disposed	2017-07-12	Common Share (23341.0)	Direct
2016-08-11	Employee Share Option (right to buy)	$11.0	M	3659	Disposed	2017-07-12	Common Shares (3659.0)	Direct

Footnotes

F1: Includes an aggregate of 45,119 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.

F2: The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 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.