Chang Daniel Kuang Ming 4
4 · ALPHA & OMEGA SEMICONDUCTOR Ltd · Filed Mar 19, 2018
Insider Transaction Report
Form 4
Chang Daniel Kuang Ming
Senior VP of Marketing
Transactions
- Exercise/Conversion
Common Share
2018-03-15+2,250→ 49,820 total - Tax Payment
Common Share
2018-03-15$16.22/sh−746$12,100→ 49,074 total - Tax Payment
Common Share
2018-03-15$16.22/sh−4,715$76,477→ 44,359 total - Exercise/Conversion
Performance RSU
2018-03-15−2,500→ 7,500 totalExercise: $0.00→ Common Share (2,500 underlying) - Award
Performance RSU
2018-03-15+13,000→ 13,000 totalExercise: $0.00→ Common Shares (13,000 underlying) - Award
Common Share
2018-03-15+8,000→ 52,359 total
Footnotes (7)
- [F1]Represents the actual number of common shares issued upon vesting of performance share units ("PSU") based on the level of achievement of specified performance goals set forth in the Reporting Person's PSU agreement.
- [F2]Includes an aggregate of 32,642 shares subject to restricted share units (RSU) awards granted on March 16, 2015, March 15, 2016, March 15, 2017, and March 15, 2018, which will be issued as such units vest in accordance with their terms.
- [F3]Shares withheld to satisfy the Issuer's tax withholding obligation upon the vesting of PSU granted on March 15, 2017.
- [F4]Shares withheld to satisfy the Issuer's tax withholding obligation upon the vesting of RSU granted on March 17, 2014, March 16, 2015, March 15, 2016, and March 15, 2017.
- [F5]The RSU shall vest in equal annual installments over four (4) years from March 15, 2018, provided that the Reporting Person remains in the Issuer's service through each such vesting date.
- [F6]Represents the vesting of one-fourth (1/4) of PSUs granted on March 15, 2017 upon the achievement of specified performance goals as certified by the compensation committee of the board of directors of the Issuer on March 15, 2018.
- [F7]Each RSU represents the right to receive a specified number of common shares upon the achievement of certain performance goals of the company.