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SemiLEDs Corp Director's Dealing 2010

Dec 8, 2010

35004_dirs_2010-12-08_2ea002ce-425b-40f5-9aff-d2f1981dcbe2.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: Yeh Shung-Chiang (Jack) (VP, Sales and Marketing Div.)

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 59285 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (right to buy) $0.84 2017-09-01 Class A Common Stock (10357) Direct
Employee Stock Option (right to buy) $0.91 2019-02-10 Class A Common Stock (3571) Direct

Footnotes

F1: The issuer intends to file a Restated Certificate of Incorporation in the State of Delaware after the effectiveness of the issuer's registration statement on Form S-1, which shall provide that each share of Class A Common Stock shall be automatically reclassified as and converted into one share of Common Stock upon the filing of such Restated Certificate of Incorporation.

F2: The option shares vest and become exercisable in four equal successive annual installments over the next 48 months of continuous service after September 1, 2008.

F3: The option shares vest and become exercisable in four equal successive annual installments over the next 48 months of continuous service after February 10, 2010.