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ALPHA & OMEGA SEMICONDUCTOR Ltd — Director's Dealing 2024
Mar 13, 2024
32375_dirs_2024-03-13_e756dbc5-40da-49f0-ab81-803bf1e5a1e0.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ALPHA & OMEGA SEMICONDUCTOR Ltd (AOSL)
CIK: 0001387467
Period of Report: 2024-03-11
Reporting Person: Liang Yifan (CFO and Corp Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-11 | Common Shares | M | 30000 | $7.44 | Acquired | 323296 | Direct |
| 2024-03-11 | Common Shares | S | 30000 | $23.5955 | Disposed | 293296 | Direct |
| 2024-03-12 | Common Shares | M | 20000 | $7.44 | Acquired | 313296 | Direct |
| 2024-03-12 | Common Shares | S | 20000 | $23.3093 | Disposed | 293296 | Direct |
| 2024-03-13 | Common Shares | M | 20000 | $7.44 | Acquired | 313296 | Direct |
| 2024-03-13 | Common Shares | S | 20000 | $22.6709 | Disposed | 293296 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-11 | Employee Share Option (right to buy) | $7.44 | M | 30000 | Disposed | 2024-03-16 | Common Share (30000) | Direct |
| 2024-03-12 | Employee Share Option (right to buy) | $7.44 | M | 20000 | Disposed | 2024-03-16 | Common Share (20000) | Direct |
| 2024-03-13 | Employee Share Option (right to buy) | $7.44 | M | 20000 | Disposed | 2024-03-16 | Common Share (20000) | Direct |
Footnotes
F1: Includes an aggregate of 47,500 shares subject to Restricted Share Unit awards (RSU) granted on March 16, 2020, March 15, 2021, March 15, 2022, and March 15, 2023 which will be issued as such units vest in accordance with their terms, and excludes 21,455 unvested common shares subject to the PSU granted on March 15, 2023, which may become vested upon achievement of certain corporate performance goals in the future.
F2: Includes 10,158 unvested shares subject to the PSU granted on March 15, 2022 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 by the Reporting Person on May 24, 2023.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.4050 to $24.0100, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.0800 to $23.6400, 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.
F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.3700 to $23.3100, 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.
F7: The option is fully vested and immediately exercisable for all option shares.