SemiLEDs Corp|4Feb 28, 11:49 AM ET

J.R. Simplot Co 4

4 · SemiLEDs Corp · Filed Feb 28, 2020

Form 4

Period: 2019-11-25

10% Owner

Transactions

Other
Common Stock
2020-02-07−500,000→ 0 total
Other
Convertible Unsecured Promissory Note
2020-02-07$1500000.00/sh−1,500,000$2,250,000,000,000→ 0 total
Exercise: $3.00From: 2019-11-25→ Common Stock (500,000 underlying)
Purchase
Common Stock
2019-11-25$3.00/sh+500,000$1,500,000→ 500,000 total
Other
Common Stock
2020-02-07+500,000→ 500,000 total(indirect: See Footnote)
Purchase
Convertible Unsecured Promissory Note
2019-11-25$1500000.00/sh+1,500,000$2,250,000,000,000→ 500,000 total
Exercise: $3.00From: 2019-11-25→ Common Stock (500,000 underlying)
Other
Convertible Unsecured Promissory Note
2020-02-07$1500000.00/sh+1,500,000$2,250,000,000,000→ 500,000 total(indirect: See Footnote)
Exercise: $3.00From: 2019-11-25→ Common Stock (500,000 underlying)

Holdings

Footnotes (4)

[F1]Consists of 989,934 shares of Common Stock owned of record by Simplot Taiwan Inc., an Idaho corporation. Simplot Taiwan Inc. is wholly owned by J.R. Simplot Company, a Nevada corporation. Accordingly, J.R. Simplot Company may be deemed to have shared voting and investment power over such shares.
[F2]Consists of a Convertible Unsecured Promissory Note initially issued to J.R. Simplot Company in the principal amount of $1,500,000. The Note is convertible into Common Stock at any time at a conversion price of $3.00 per share. Accordingly, J.R. Simplot Company may be deemed to have voting and investment power over the shares into which such note is convertible.
[F3]On February 7, 2020, J.R. Simplot Company assigned the Convertible Unsecured Promissory Note to Simplot Taiwan Inc. for no consideration. Accordingly, J.R. Simplot Company may be deemed to have voting and investment power over the shares into which such note is convertible indirectly by virtue of its ownership of Simplot Taiwan Inc.
[F4]The Note has no expiration date.

Documents

1 file