0000950170-24-003672.txt : 20240110
0000950170-24-003672.hdr.sgml : 20240110
20240110170547
ACCESSION NUMBER: 0000950170-24-003672
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240108
FILED AS OF DATE: 20240110
DATE AS OF CHANGE: 20240110
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Simplot Scott R.
CENTRAL INDEX KEY: 0001506776
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34992
FILM NUMBER: 24527213
MAIL ADDRESS:
STREET 1: 999 MAIN STREET, SUITE 1300
CITY: BOISE
STATE: ID
ZIP: 83702
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SemiLEDs Corp
CENTRAL INDEX KEY: 0001333822
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 202735523
FISCAL YEAR END: 0831
BUSINESS ADDRESS:
STREET 1: 3F, NO. 11 KE JUNG RD., CHU-NAN SITE
STREET 2: HSINCHU SCIENCE PARK, MIAO-LI COUNTY
CITY: CHU-NAN
STATE: F5
ZIP: 350
BUSINESS PHONE: 886-37-586788
MAIL ADDRESS:
STREET 1: 3F, NO. 11 KE JUNG RD., CHU-NAN SITE
STREET 2: HSINCHU SCIENCE PARK, MIAO-LI COUNTY
CITY: CHU-NAN
STATE: F5
ZIP: 350
4
1
ownership.xml
4
X0508
4
2024-01-08
0001333822
SemiLEDs Corp
LEDS
0001506776
Simplot Scott R.
1099 WEST FRONT STREET
BOISE
ID
83702
true
false
true
false
false
Common Stock
2024-01-08
4
C
false
1050022
1.31
A
2170992
I
See Footnote
Common Stock
2024-01-08
4
J
false
305343
1.31
A
2476335
I
See Footnote
Convertible Unsecured Promissory Note
1.31
2024-01-08
4
C
false
1375529
0.00
D
2019-11-25
Common Stock
1050022
0
I
See Footnote
On February 20, 2020, J.R. Simplot Company, a Nevada corporation ("JRS"), assigned a Convertible Unsecured Promissory Note initially issued to JRS by the Issuer in the original principal amount of $1,500,00 (the "Note") for no consideration to Simplot Taiwan Inc., an Idaho corporation ("ST"). The Note is convertible into Common Stock of the Issuer at any time at a conversion price of $1.31. On January 8, 2024 (the "Effective Date"), ST converted $1,375,529 of the Note, which amount represents $1,200,000 of principal and $175,529 of interest, into 1,050,022 shares of Common Stock of the Issuer.
Consists of (i) 2,139,957 shares of Common Stock owned of record by ST and (ii) 31,036 shares of Common Stock owned of record by JRS Properties III LLLP, an Idaho limited liability limited partnership ("JRS Properties"). ST is wholly owned by JRS, and Scott R. Simplot (the "Reporting Person") is the chairman of JRS. Accordingly, the Reporting Person may be deemed to have shared voting and investment power over the shares held by ST. JRS Management L.L.C., an Idaho limited liability company ("JRS Management"), is the sole general partner of JRS Properties. The Reporting Person and Stephen A. Beebe are the managers of JRS Management, and accordingly the Reporting Person may be deemed to have shared voting and investment power over the shares held by JRS Properties. The Reporting Person disclaims beneficial ownership over the shares reported herein except to the extent of his pecuniary interest therein.
On the Effective Date, ST received 305,343 shares of Common Stock of the Issuer as a payment of interest pursuant to a Loan Agreement between the Issuer and JRS dated January 8, 2019, as amended on January 16, 2021, January 14, 2022, January 13, 2023 and January 7, 2024 (the "Loan Agreement"), and assigned by JRS to ST. The Reporting Person is the chairman of JRS, and accordingly may be deemed to have shared voting and investment power over such shares. The Reporting Person disclaims beneficial ownership over such shares except to the extent of his pecuniary interest therein.
Consists of the number of shares issued to ST on the Effective Date representing the payment of interest under the Loan Agreement described above.
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.
/s/ Scott R. Simplot
2024-01-10