SemiLEDs Corp — Director's Dealing 2010

Dec 8, 2010

SEC Form 3 — Initial Statement of Beneficial Ownership

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

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

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	9899344	Indirect
Class A Common Stock	310369	Indirect

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: 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 ownerhsip of such shares, except to the extend 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.