Company: AOSL
Filing Date: 2025-09-18
Form Type: DEF 14A
Source: 0001387467-25-000054
Chunk: 90

Company: ALPHA & OMEGA SEMICONDUCTOR Ltd
Filing Date: 2025-09-18
Form: DEF 14A
Chunk 90
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,084,073 |
| Change in Fair Value of Outstanding and Unvested Option and Stock Awards Granted in Prior Fiscal Years                                                                     |     |             |  -625,771 |     |             |   251,364 |     |             |   -20,544 |
| Change in Fair Value as of Vesting Date of Option and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year |     |             |  -443,175 |     |             |  -492,984 |     |             |  -153,442 |
| Fair Value as of Prior Fiscal Year-End of Option and Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year       |     |             |         — |     |             |  -860,779 |     |             |  -101,729 |
| Compensation Actually Paid                                                                                                                                                 |     |             |   215,583 |     |             |   784,275 |     |             | 1,394,101 |

Relationship Between Compensation Actually Paid and Performance

“Compensation Actually Paid”, as calculated in accordance with Item 402(v) of Regulation S-K, reflects adjusted values to unvested and vested equity awards during the years presented based on year-end stock prices, various accounting valuation assumptions, and projected performance modifiers, but does not reflect actual amounts paid out for those awards. “Compensation Actually Paid” generally fluctuates due to stock price achievement and varying levels of projected and actual achievement of performance goals.

The following graphs show the relationship between “Compensation Actually Paid” to our PEOs and other Non-PEO NEOs in the years presented and (1) TSR of both our common shares and the Philadelphia Semiconductor Index, (2) our net income, and (3) our company selected financial measure.

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Financial Performance Measures

As described in further detail in this Compensation Discussion and Analysis, our executive compensation program incorporates various financial performance measures. Such measures are used in both our long-term and short-term incentive awards and are selected with the objective of incentivizing our PEOs and Non-PEO NEOs to increase the long-term value of our company for shareholders. The most important financial performance measures used in fiscal year 2025 to link Compensation Actually Paid to our PEO and Non-PEO NEOs to our financial performance are as follows (listed in no particular order of importance):

| Revenue               |