Form 4 for LEDS SemiLEDs Corp

Accepted 2024-01-10 00:00:00 ET · period of report 2024-01-08 · accession 0000950170-24-003669 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
DI	2024-01-10	2024-01-08	LEDS	J.R. Simplot Co	10%	C - Cnv Deriv	$1.31	+1.05M	2.14M	+96%	+$1.38M
DI	2024-01-10	2024-01-08	LEDS	J.R. Simplot Co	10%	J - Other	$1.31	+305.3K	2.45M	+14%	+$400.0K
DI	2024-01-10	2024-01-08	LEDS	J.R. Simplot Co	10%	C - Cnv Deriv	—	0	0	New	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2024-01-08	C	A	1,050,022	$1.31	2,139,956	I See Footnote	—	—	(F2) Consists of shares of Common Stock owned of record by ST, which is wholly owned by the Reporting Person. Accordingly, the Reporting Person may be deemed to have shared voting and investment power over such shares.
2	Common	Common Stock	2024-01-08	J	A	305,343	$1.31	2,445,299	I See Footnote	—	—	(F4) Consists of the number of shares issued to ST on the Effective Date representing the payment of interest under the Loan Agreement described above.
3	Derivative	Convertible Unsecured Promissory Note	2024-01-08	C	D	—	$0.00	0	I See Footnote	$1.31 · 2019-11-25 to —	1,050,022 Common Stock	(F2) Consists of shares of Common Stock owned of record by ST, which is wholly owned by the Reporting Person. Accordingly, the Reporting Person may be deemed to have shared voting and investment power over such shares. (F5) The Note has no expiration date. As a result of the transaction reported herein, all amounts due and payable under the Note have been satisfied in full.