Company: AOSL
Filing Date: 2025-09-18
Form Type: DEF 14A
Source: 0001387467-25-000054
Chunk: 45

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-09-18
Form: DEF 14A
Chunk 45
---
,000 |
| Granted                    |     |                |  209,250 |     |                  |         — |     |                  |         — |
| Vested                     |     |                | -123,632 |     |                  |  -275,000 |     |                  |         — |
| Forfeited                  |     |                | -268,207 |     |                  |   -15,000 |     |                  |   -91,000 |
| Nonvested at June 30, 2024 |     |                |  344,125 |     |                  |   810,000 |     |                  |   917,000 |
| Granted                    |     |                |  209,750 |     |                  |         — |     |                  |         — |
| Vested                     |     |                | -133,910 |     |                  |  -270,000 |     |                  |         — |
| Forfeited                  |     |                |  -10,402 |     |                  |    -5,000 |     |                  |   -16,000 |
| Nonvested at June 30, 2025 |     |                |  409,563 |     |                  |   535,000 |     |                  |   901,000 |

1. Represents MSUs granted in July 2018

2. Represents MSUs granted in December 2021

The number of shares to be ultimately earned under the fiscal year 2025, 2024, and 2023 PSUs is determined based on the level of attainment of predetermined financial goals (not to exceed the target number of shares). Any shares earned based on performance vest in four equal annual installments after the end of the performance period based on continued service.

The number of shares to be ultimately earned under the fiscal year 2022 MSUs (as amended in August 2024) is determined based on the Company’s achievement of specified stock prices and revenue thresholds during the performance period from September 19, 2023 to December 31, 2026. Any shares earned under the 2022 MSUs based on performance vest in four equal annual installments commencing January 1, 2027, subject to continued service.

The number of shares earned under the fiscal year 2019 MSUs was determined based on the Company’s achievement of specified stock prices and revenue thresholds during the performance period from January 1, 201