Form 4: Alpha & Omega Semiconductor Executive Chairman Mike F. Chang Reports Gift of 10,000 Common Shares
SEC Form 4 Filing
Mike F. Chang, Executive Chairman of Alpha & Omega Semiconductor, reported gifting 10,000 common shares on August 28, 2024.
Summary
- On August 28, 2024, Mike F. Chang, the Executive Chairman of Alpha & Omega Semiconductor Ltd, reported a transaction involving the gifting of 10,000 common shares.
- The shares were disposed of at a price of $0.
- Following the transaction, Chang beneficially owns 4,432,816 common shares.
- This includes unvested Market-Based Performance Share Units (MSU), Restricted Share Unit awards (RSU), and Performance Share Units (PSU) subject to vesting conditions.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a gift of shares. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider transactions.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates a gift of shares by the Executive Chairman, which may or may not have implications for the company's stock depending on the context and overall market sentiment.
Key Dates
| Date | Description |
|---|---|
| July 01, 2018 | Grant date of 135,000 unvested shares subject to the Market-Based Performance Share Unit (MSU). |
| March 15, 2021 | Grant date of Restricted Share Unit awards (RSU) and Performance Share Units (PSU). |
| March 15, 2022 | Grant date of Restricted Share Unit awards (RSU) and Performance Share Units (PSU). |
| March 15, 2023 | Grant date of Restricted Share Unit awards (RSU). |
| March 15, 2024 | Grant date of Restricted Share Unit awards (RSU) and PSU. |
| 08/28/2024 | Date of the transaction where 10,000 common shares were gifted. |
| 08/29/2024 | Date of signature for the Form 4 filing. |
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