SemiLEDs Corp — Director's Dealing 2025

Mar 4, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SemiLEDs Corp (LEDS)
CIK: 0001333822
Period of Report: 2025-02-28

Reporting Person: Simplot Scott R. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-28	Common Stock	J	722891	$1.66	Acquired	3199226	Indirect

Footnotes

F1: On February 28,2025 (the "Effective Date"), Simplot Taiwan Inc., an Idaho corporation ("ST"), received 722,891 shares of Common Stock of the Issuer as a payment of principal pursuant to a Loan Agreement between the Issuer and J.R. Simplot Company, a Nevada corporation ("JRS"), dated January 8, 2019, as amended on January 16, 2021, January 14, 2022, January 13, 2023, January 7, 2024, January 15, 2025 and the Effective Date (the "Loan Agreement"), and assigned by JRS to ST, which is wholly owned by JRS. Scott R. Simplot (the "Reporting Person") is the chairman of JRS, and accordingly may be deemed to have shared voting and investment power over such shares. The Reporting Person disclaims beneficial ownership over such shares except to the extent of his pecuniary interest therein.

F2: Consists of (i) 3,168,190 shares of Common Stock owned of record by ST and (ii) 31,036 shares of Common Stock owned of record by JRS Properties III LLLP, an Idaho limited liability limited partnership ("JRS Properties"). ST is wholly owned by JRS, and the Reporting Person is the chairman of JRS. Accordingly, the Reporting Person may be deemed to have shared voting and investment power over the shares held by ST. JRS Management L.L.C., an Idaho limited liability company ("JRS Management"), is the sole general partner of JRS Properties. The Reporting Person and Stephen A. Beebe are the managers of JRS Management, and accordingly the Reporting Person may be deemed to have shared voting and investment power over the shares held by JRS Properties. The Reporting Person disclaims beneficial ownership over the shares reported herein except to the extent of his pecuniary interest therein.