DOAN TRUNG T 4
4 · SemiLEDs Corp · Filed Feb 25, 2020
Insider Transaction Report
Form 4
SemiLEDs CorpLEDS
DOAN TRUNG T
DirectorChairman and CEO10% Owner
Transactions
- Purchase
Convertible Promissory Note (right to buy)
2019-12-10$500000.00/shExercise: $3.00From: 2019-12-10Exp: 2021-05-30→ Common Stock (166,667 underlying)
Footnotes (1)
- [F1]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.