SemiLEDs Corp — Director's Dealing 2011

Jul 7, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SemiLEDs Corp (LEDS)
CIK: 0001333822
Period of Report: 2011-07-06

Reporting Person: LIN Yingku (Adam) (VP Bus. Dev. & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-06	Common Stock	A	7000	—	Acquired	7000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-06	Employee Stock Option (right to buy)	$6.08	A	60000	Acquired	2021-07-05	Common Stock (60000)	Direct

Footnotes

F1: These shares represent restricted stock units and will be settled in LEDS common stock upon vesting. 25% of the restricted stock units will vest upon the completion of each of four years of service following May 9, 2011 and will become fully vested upon a change in control. Vested shares will be delivered to the reporting person within the first open trading window following the vesting date, but in no event later than the 15th day of the 3rd month following the end of the Company's tax year that includes the vesting date.

F2: 25% of the option vests and becomes exercisable upon the completion of each of 4 years of service following May 9, 2011 and will become fully vested and exercisable upon a change in control..