Filing Details

Accession Number:
0000899243-20-006147
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-02-28 11:50:31
Reporting Period:
2019-11-25
Accepted Time:
2020-02-28 11:50:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1333822 Semileds Corp LEDS Semiconductors & Related Devices (3674) 202735523
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1506776 R. Scott Simplot 1099 West Front Street
Boise ID 83702
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-11-25 500,000 $3.00 500,000 No 4 P Indirect See Footnote
Common Stock Disposition 2020-02-07 500,000 $0.00 0 No 4 J Indirect See Footnote
Common Stock Acquisiton 2020-02-07 500,000 $0.00 500,000 No 4 J Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnote
No 4 J Indirect See Footnote
No 4 J Indirect See Footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Convertible Unsecured Promissory Note Acquisiton 2019-11-25 1,500,000 $1,500,000.00 500,000 $3.00
Common Stock Convertible Unsecured Promissory Note Disposition 2020-02-07 1,500,000 $1,500,000.00 500,000 $3.00
Common Stock Convertible Unsecured Promissory Note Acquisiton 2020-02-07 1,500,000 $1,500,000.00 500,000 $3.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
500,000 2019-11-25 No 4 P Indirect
0 2019-11-25 No 4 J Indirect
500,000 2019-11-25 No 4 J Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 989,934 Indirect See Footnote
Common Stock 31,036 Indirect See Footnote
Footnotes
  1. Consists of 989,934 shares of Common Stock owned of record by Simplot Taiwan Inc., an Idaho corporation. Simplot Taiwan Inc. is wholly owned by J.R. Simplot Company, a Nevada corporation. Mr. Simplot is the chairman of J.R. Simplot Company, and so may be deemed to have shared voting and investment power over such shares. Mr. Simplot disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
  2. Consists of 31,036 shares of Common Stock owned of record by JRS Properties III LLLP, an Idaho limited liability limited partnership. The sole general partner of JRS Properties III LLLP is JRS Management, L.L.C., an Idaho limited liability company. Mr. Simplot and Stephen A. Beebe are the managers of JRS Management, L.L.C., and so Mr. Simplot may be deemed to have shared voting and investment power over such shares. Mr. Simplot disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
  3. Consists of a Convertible Unsecured Promissory Note initially issued to J.R. Simplot Company in the principal amount of $1,500,000. The Note is convertible into Common Stock at any time at a conversion price of $3.00 per share. Mr. Simplot is the chairman of J.R. Simplot Company, and so may be deemed to have shared voting and investment power over the shares into which such Note is convertible. Mr. Simplot disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
  4. On February 7, 2020, J.R. Simplot Company assigned the Convertible Unsecured Promissory Note to Simplot Taiwan Inc. for no consideration. Mr. Simplot is the chairman of J.R. Simplot Company, the sole owner of Simplot Taiwan Inc., and so may be deemed to have shared voting and investment power over the shares into which such Note is convertible. Mr. Simplot disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
  5. The Note has no expiration date.