ALPHA & OMEGA SEMICONDUCTOR Ltd — Director's Dealing 2020

Jul 8, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALPHA & OMEGA SEMICONDUCTOR Ltd (AOSL)
CIK: 0001387467
Period of Report: 2020-03-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-16	Common Shares	A	2812	—	Acquired	309518	Direct
2020-03-16	Common Shares	A	5500	—	Acquired	315018	Direct

Footnotes

F1: Represents the issuance of common shares upon vesting of one-fourth (1/4) of performance share units ("PSU") granted on March 15, 2017. The achievement of specified performance goals for such PSU was certified previously by the Compensation Committee on March 15, 2018, and the issuance common shares thereunder are subject to additional service-based vesting conditions in four equal annual installment commencing in March 2018.

F2: Includes an aggregate of 36,875 shares subject to Restricted Share Unit awards (RSU) granted on March 15, 2017, March 15, 2018, and March 15, 2019, and March 16, 2020, which will be issued as such units vest in accordance with their terms, and excludes (a) 17,500 unvested common shares subject to the PSU granted on March 16, 2020, which may become vested upon achievement of certain corporate performance goals in the future and (b) 2,812 unvested common shares subject to the 2017 PSU and 11,000 unvested common shares subject to the 2018 PSU which may be vested upon satisfaction of service-based vesting conditions by the Reporting Person.

F3: This Form 4 and related footnotes correct and supplement the disclosure in Footnotes 5 and 7 of the Form 4 filed by the Reporting Person on March 1, 2019 by clarifying that unvested common shares subject to PSUs will be subject to service-based vesting conditions rather than achievement of performance goals which has already occurred.

F4: Represents the issuance of common shares upon vesting of one-fourth (1/4) of PSU granted on March 15, 2018. The achievement of specified performance goals for such PSU was certified previously by the Compensation Committee on February 27, 2019, and the issuance common shares thereunder are subject to additional service-based vesting conditions in four equal annual installment commencing in March 2019.