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SemiLEDs Corp Director's Dealing 2016

Apr 12, 2016

35004_dirs_2016-04-12_c92e1cc8-ff8b-4eae-86d2-1983bb4037f0.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SemiLEDs Corp (LEDS)
CIK: 0001333822
Period of Report: 2016-04-12

Reporting Person: del Prado Arthur H (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-04-12 Common Stock A 25000 Acquired 145422 Direct

Footnotes

F1: These shares represent restricted stock units and will be settled in LEDS common stock upon vesting. The restricted stock units vest on the date that is the earlier of (a) April 12, 2017 and (b) the date of the 2017 Annual Meeting of Stockholders, but shall vest earlier upon a change in control, in each case subject to the Reporting Person's continuous service through the applicable vesting date. 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.