SemiLEDs Corp — Director's Dealing 2010

Dec 9, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SemiLEDs Corp (LEDS)
CIK: 0001333822
Period of Report: 2010-12-08

Reporting Person: Simplot Scott R. (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-08	Class A Common Stock	J	9899344	—	Disposed	0	Indirect
2010-12-08	Common Stock	J	9899344	—	Acquired	9899344	Indirect
2010-12-08	Class A Common Stock	J	310369	—	Disposed	0	Indirect
2010-12-08	Common Stock	J	310369	—	Acquired	310369	Indirect

Footnotes

F1: Pursuant to a reclassification exempt under Rule 16b-7, each share of Class A Common Stock was reclassified into one share of Common Stock.

F2: All such shares are held by Simplot Taiwan Inc., a wholly-owned subsidiary of J.R. Simplot Company. Scott R. Simplot is the Chairman of J.R. Simplot Company. Mr. Simplot may be deemed to have shared voting and investment power over the shares held by Simplot Taiwan Inc. Mr. Simplot disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.

F3: All such shares are held by JRS Properties III L.P. JRS Management L.L.C. is the sole general partner of JRS Properties III L.P. Mr. Simplot and Stephen A. Beebe are the managers of JRS Management L.L.C. As managers of JRS Management L.L.C., Mr. Simplot and Mr. Beebe share voting and investment power over the securities held by JRS Properties III L.P. Mr. Simplot may be deemed to have shared voting and investment power over the shares held by JRS Properties III L.P. Mr. Simplot disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.