Company: AOSL
Filing Date: 2025-09-18
Form Type: DEF 14A
Source: 0001387467-25-000054
Chunk: 72

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-09-18
Form: DEF 14A
Chunk 72
---
 our common shares on the date of grant as reported on the NASDAQ Global Select Market.

A subcommittee comprised of our Chief Executive Officer and Chief Financial Officer is authorized to grant options and restricted share unit awards (other than annual refresher equity grant awards) to existing and newly-hired employees, other than executive officers, within prescribed caps established by the Compensation Committee. These grants are generally made on the 15th day of each month.

The awards granted to our named executive officers in fiscal year 2025 and previously granted awards that vested in fiscal year 2025 are summarized below. For more information concerning the awards we granted to our named executive officers in 2025, please see “Grants of Plan-Based Awards” below.

February 2025 Grants : On February 28, 2025, the Compensation Committee authorized, effective as of March 17, 2025, the grant of restricted share units to each of our named executive officers for the number of our common shares allocated between time-based restricted share units and performance-based restricted share units as indicated below.

| Named Executive Officer |     | Time-Based Restricted Share Units 
 (Shares)                          |        |     | Performance -Based Restricted Share Unit 
 (Target Shares)                          |        |
| Stephen C. Chang        |     |                                   | 67,500 |     |                                          | 67,500 |
| Yifan Liang             |     |                                   | 22,500 |     |                                          | 22,500 |
| Mike F. Chang           |     |                                   | 22,500 |     |                                          | 22,500 |
| Wenjun Li               |     |                                   | 10,000 |     |                                          | 10,000 |
| Bing Xue                |     |                                   | 15,000 |     |                                          | 15,000 |

Each time-based restricted share unit entitles the holder to receive one common share following vesting. Each such award will vest with respect to 25% of the units annually upon the participant’s completion of each year of service over the four-year period measured from March 17, 2025.

Each performance-based restricted share unit award will vest based on the level of attainment of a specified strategic initiative and revenue goals over the period January 1, 2025 to December 31, 2025 and the participant’s continued service over a four-year period measured from March 17, 2025. In addition to the multi-years market-based restricted share unit awards program,