Simplot Co J.R. - Feb 28, 2025 Form 4 Insider Report for SemiLEDs Corp (LEDS)

Role
10%+ Owner
Signature
/s/ Scott R. Simplot, Chairman
Stock symbol
LEDS
Transactions as of
Feb 28, 2025
Transactions value $
$1,199,999
Form type
4
Date filed
3/4/2025, 01:41 PM
Previous filing
Jan 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LEDS Common Stock Other $1.2M +723K +29.56% $1.66 3.17M Feb 28, 2025 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 28, 2025 (the "Effective Date"), Simplot Taiwan Inc., an Idaho corporation ("ST"), received 722,891 shares of Common Stock of the Issuer as a payment of principal pursuant to a Loan Agreement between the Issuer and J.R. Simplot Company, a Nevada corporation ("JRS"), dated January 8, 2019, as amended on January 16, 2021, January 14, 2022, January 13, 2023, January 7, 2024, January 15, 2025 and the Effective Date, and assigned by the Reporting Person to 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.
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.