ALPHA & OMEGA SEMICONDUCTOR Ltd — Director's Dealing 2023

Jan 11, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALPHA & OMEGA SEMICONDUCTOR Ltd (AOSL)
CIK: 0001387467
Period of Report: 2023-01-09

Reporting Person: Liang Yifan (CFO and Corp Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-09	Common Shares	M	6600	$8.45	Acquired	196690	Direct
2023-01-09	Common Shares	S	6600	$30	Disposed	190090	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-09	Employee Share Option (right to buy)	$8.45	M	6600	Acquired	2023-02-14	Common Shares (6600.0)	Direct

Footnotes

F1: Includes an aggregate of 47,625 shares subject to Restricted Share Unit awards (RSU) granted on March 15, 2019, March 16, 2020, March 15, 2021, and March 15, 2022 which will be issued as such units vest in accordance with their terms, and excludes 17,500 unvested common shares subject to the PSU granted on March 15, 2022, which may become vested upon achievement of certain corporate performance goals in the future.

F2: Reflects 875 and 645 shares acquired under the Issuer's Employee Stock Purchase Plan on May 14, 2022 and November 14, 2022, respectively.

F3: Includes 13,125 unvested shares subject to the PSU granted on March 15, 2021 and 8,750 unvested shares subject to the PSU granted on March 16, 2020 which are subject to vesting upon satisfaction of service-based vesting conditions by the Reporting Person.

F4: The sales were effected pursuant to a Rule 10b5-1 trading plan adopted previously by the Reporting Person.

F5: The price reported in Column 4 is the exact price at which all shares were sold.

F6: The option is fully vested and immediately exercisable for all option shares.