Johnson Mark 4
4 · SemiLEDs Corp · Filed Jan 24, 2011
Insider Transaction Report
Form 4
SemiLEDs CorpLEDS
Johnson Mark
Director
Transactions
- Award
Restricted Stock Units
2011-01-20+17,650→ 17,650 total→ Common Stock (17,650 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of LEDS common stock.
- [F2]The restricted stock units vest on January 20, 2012 but may vest earlier upon a change in control. Vested shares will be delivered to the reporting person within the first open trading window (and in all cases within 90 days) following the earlier of (i) the reporting person's IRC 409A separation from service or (ii) an IRC 409A change in control.