SemiLEDs Corp — Director's Dealing 2020

May 27, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SemiLEDs Corp (LEDS)
CIK: 0001333822
Period of Report: 2020-05-25

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-25	Common Stock	C	100000	$3.00	Acquired	467972	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-25	Convertible Promissory Note	$3.00	C		Disposed	2021-05-30	Common Stock (100000)	Direct

Footnotes

F1: Include 127,141 shares held by the Trung Tri Doan 2010 GRAT, of which Mr. Doan is the sole trustee.

F2: 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.