AI assistant
ALPHA & OMEGA SEMICONDUCTOR Ltd — Director's Dealing 2023
Jan 10, 2023
32375_dirs_2023-01-10_e02034a2-0620-4b43-9f1b-f9da888b3828.zip
Director's Dealing
Open in viewerOpens in your device viewer
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: Chang Mike F (Director, Chief Executive Officer, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-09 | Common Shares | M | 56400 | $8.45 | Acquired | 4408610 | Direct |
| 2023-01-09 | Common Shares | S | 56400 | $29.9556 | Disposed | 4352210 | 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 | 56400 | Acquired | 2023-02-14 | Common Shares (56400.0) | Direct |
Footnotes
F1: Includes an aggregate of 170,000 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 70,000 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: Includes 52,500 unvested shares subject to the PSU granted on March 15, 2021 and 35,000 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.
F3: The sales were effected pursuant to a Rule 10b5-1 trading plan adopted previously by the Reporting Person.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.55 to $30.53, inclusive. The Reporting Person undertakes to provide to Alpha and Omega Semiconductor Limited, any security holder of Alpha and Omega Semiconductor Limited, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F5: The option is fully vested and immediately exercisable for all option shares.