APPLIED OPTOELECTRONICS, INC. — Director's Dealing 2016

Nov 18, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED OPTOELECTRONICS, INC. (AAOI)
CIK: 0001158114
Period of Report: 2016-11-17

Reporting Person: Lin Chih-Hsiang (Thompson) (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-17	Common Stock, $.001 par value	S	19737	$25.7359	Disposed	200197	Direct
2016-11-17	Common Stock, $.001 par value	M	8000	$6.00	Acquired	208197	Direct
2016-11-17	Common Stock, $.001 par value	F	2314	$26.08	Disposed	205883	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-17	Incentive Stock Option (Right to Buy)	$6.00	M	8000	Disposed	2020-08-23	Common Stock, $0.001 par value (8000)	Direct

Footnotes

F1: The shares were sold in multiple transactions on November 17, 2016 at an actual sale price ranging from $25.60 to $25.85 per share. The price reported reflects the weighted average sale price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F2: Represents a "net exercise" of outstanding stock options. The reporting person received 5,686 shares of common stock on net exercise of option to purchase 8,000 shares of common stock. The Company withheld 2,314 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on November 16, 2016 of $26.08, pursuant to the terms of the 2006 Stock Incentive Plan.

F3: Option fully vested.