APPLIED OPTOELECTRONICS, INC. — Director's Dealing 2016

Nov 16, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED OPTOELECTRONICS, INC. (AAOI)
CIK: 0001158114
Period of Report: 2016-11-14

Reporting Person: Kuo David C (General Counsel and Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-14	Common Stock, $.001 par value	M	63	$6.00	Acquired	14739	Direct
2016-11-14	Common Stock, $.001 par value	F	16	$24.60	Disposed	14723	Direct
2016-11-14	Common Stock, $.001 par value	M	167	$6.00	Acquired	14890	Direct
2016-11-14	Common Stock, $.001 par value	F	41	$24.60	Disposed	14849	Direct
2016-11-14	Common Stock, $.001 par value	M	208	$6.00	Acquired	15057	Direct
2016-11-14	Common Stock, $.001 par value	F	51	$24.60	Disposed	15006	Direct
2016-11-14	Common Stock, $.001 par value	M	2187	$7.50	Acquired	17193	Direct
2016-11-14	Common Stock, $.001 par value	F	658	$24.60	Disposed	16535	Direct
2016-11-14	Common Stock, $.001 par value	M	3037	$9.96	Acquired	19572	Direct
2016-11-14	Common Stock, $.001 par value	F	1212	$24.60	Disposed	18360	Direct
2016-11-14	Common Stock, $.001 par value	M	1500	$13.84	Acquired	19860	Direct
2016-11-14	Common Stock, $.001 par value	F	832	$24.60	Disposed	19028	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-14	Incentive Stock Option (Right to Buy)	$6.00	M	63	Disposed	2020-08-23	Common Stock, $0.001 par value (63)	Direct
2016-11-14	Incentive Stock Option (Right to Buy)	$6.00	M	167	Disposed	2021-03-04	Common Stock, $0.001 par value (167)	Direct
2016-11-14	Incentive Stock Option (Right to Buy)	$6.00	M	208	Disposed	2022-05-22	Common Stock, $0.001 par value (208)	Direct
2016-11-14	Incentive Stock Option (Right to Buy)	$7.50	M	2187	Disposed	2023-01-18	Common Stock, $0.001 par value (2187)	Direct
2016-11-14	Incentive Stock Option (Right to Buy)	$9.96	M	3037	Disposed	2023-09-26	Common Stock, $0.001 par value (3037)	Direct
2016-11-14	Incentive Stock Option (Right to Buy)	$13.84	M	1500	Disposed	2024-01-28	Common Stock, $0.001 par value (1500)	Direct

Footnotes

F1: Represents a "net exercise" of outstanding stock options. The reporting person received 47 shares of common stock on net exercise of option to purchase 63 shares of common stock. The Company withheld 16 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on November 14, 2016 of $24.60, pursuant to the terms of the 2006 Stock Incentive Plan.

F2: Represents a "net exercise" of outstanding stock options. The reporting person received 126 shares of common stock on net exercise of option to purchase 167 shares of common stock. The Company withheld 41 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on November 14, 2016 of $24.60, pursuant to the terms of the 2006 Stock Incentive Plan.

F3: Represents a "net exercise" of outstanding stock options. The reporting person received 157 shares of common stock on net exercise of option to purchase 208 shares of common stock. The Company withheld 51 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on November 14, 2016 of $24.60, pursuant to the terms of the 2006 Stock Incentive Plan.

F4: Represents a "net exercise" of outstanding stock options. The reporting person received 1,529 shares of common stock on net exercise of option to purchase 2,187 shares of common stock. The Company withheld 658 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on November 14, 2016 of $24.60, pursuant to the terms of the 2006 Stock Incentive Plan.

F5: Represents a "net exercise" of outstanding stock options. The reporting person received 1,825 shares of common stock on net exercise of option to purchase 3,037 shares of common stock. The Company withheld 1,212 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on November 14, 2016 of $24.60, pursuant to the terms of the 2013 Equity Incentive Plan.

F6: Represents a "net exercise" of outstanding stock options. The reporting person received 668 shares of common stock on net exercise of option to purchase 1,500 shares of common stock. The Company withheld 832 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on November 14, 2016 of $24.60, pursuant to the terms of the 2013 Equity Incentive Plan.

F7: Option fully vested.