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SemiLEDs Corp Director's Dealing 2020

Feb 25, 2020

35004_dirs_2020-02-25_50f677b9-c8be-4929-ac7c-d2819691286f.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: 2019-12-10

Reporting Person: DOAN TRUNG T (Director, Chairman and CEO, 10% Owner)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-12-10 Convertible Promissory Note (right to buy) $3.00 P Acquired 2021-05-30 Common Stock (166667) Direct

Footnotes

F1: On December 10, 2019, the Company issued a convertible unsecured promissory note (the "Note") to the Reporting Person (the "Holder"), with a principal sum of $500,000.00 and an annual interest rate of 3.5%. The outstanding principal and unpaid accrued interest of the Note may be converted into the Company's Common Stock based on a conversion price of $3 dollars per share, at the option of the Holder any time from the date of the Note.