Yeh Shung-Chiang (Jack) 4
4 · SemiLEDs Corp · Filed Jan 24, 2011
Insider Transaction Report
Form 4
SemiLEDs CorpLEDS
Yeh Shung-Chiang (Jack)
VP, Sales and Marketing Div.
Transactions
- Award
Restricted Stock Units
2011-01-20+2,000→ 2,000 total→ Common Stock (2,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of LEDS common stock.
- [F2]25% of the restricted stock units will vest upon the completion of each of four years of service following January 20, 2011 and will become fully vested upon a change in control. Vested shares will be delivered to the reporting person within the first open trading window following the vesting date, but in no event later than the 15th day of the 3rd month following the end of the Company's tax year that includes the vesting date.