4//SEC Filing
Simplot Taiwan Inc. 4
Accession 0000899243-20-014375
CIK 0001333822other
Filed
May 27, 8:00 PM ET
Accepted
May 28, 10:08 AM ET
Size
7.5 KB
Accession
0000899243-20-014375
Insider Transaction Report
Form 4
SemiLEDs CorpLEDS
Simplot Taiwan Inc.
10% Owner
Transactions
- Conversion
Convertible Unsecured Promissory Note
2020-05-26→ 400,000 totalExercise: $3.00From: 2019-11-25→ Common Stock (100,000 underlying)
Holdings
- 1,489,934
Common Stock
Footnotes (3)
- [F1]On February 7, 2020, J.R. Simplot Company, the sole owner of Simplot Taiwan Inc., assigned a Convertible Unsecured Promissory Note initially issued to J.R. Simplot Company in the original principal amount of $1,500,000 (the "Note"), to Simplot Taiwan Inc. for no consideration. The Note is convertible into Common Stock at any time at a conversion price of $3.00 per share. On May 26, 2020, Simplot Taiwan Inc. converted $300,000 of the Note into 100,000 shares of Common Stock. Previously, Simplot Taiwan Inc. had included the 500,000 shares into which the Note was convertible in its total shares of Common Stock owned directly, as such shares could be acquired within 60 days, along with 989,934 shares of Common Stock owned of record. As of this filing, the shares owned directly consists of 1,089,934 shares of Common Stock owned of record and 400,000 shares of Common Stock into which the Note is convertible.
- [F2]The Note has no expiration date.
- [F3]Consists of the number of shares into which the remaining principal balance of the Note is convertible following the conversion described above. Accordingly, J Simplot Taiwan Inc. may be deemed to have voting and investment power over the shares into which such Note is convertible.
Documents
Issuer
SemiLEDs Corp
CIK 0001333822
Entity typeother
IncorporatedID
Related Parties
1- filerCIK 0001506779
Filing Metadata
- Form type
- 4
- Filed
- May 27, 8:00 PM ET
- Accepted
- May 28, 10:08 AM ET
- Size
- 7.5 KB