Gough Walter Michael 4
4 · SemiLEDs Corp · Filed Nov 16, 2020
Insider Transaction Report
Form 4
SemiLEDs CorpLEDS
Gough Walter Michael
Director
Transactions
- Award
Common Stock
2020-11-12+2,500→ 13,568 total
Footnotes (1)
- [F1]These shares represented stock units and will be settled in LEDs Stock upon vesting. 25% of the restricted stock units will vest on Feb 12, 2021, May 12, 2021, Aug 12,2021 and Nov 12, 2021, so long as the Reporting Person's continuous service through the applicable vesting date. In the event that the 2021 annual meeting falls before Nov 12, 2021, 100% of the stock units shall immediately vest on the date of the 2021 annual meeting. 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.