APPLIED OPTOELECTRONICS, INC. — Director's Dealing 2017

Aug 3, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED OPTOELECTRONICS, INC. (AAOI)
CIK: 0001158114
Period of Report: 2017-08-02

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-08-02	Common Stock, $.001 par value	M	30000	$9.96	Acquired	454975	Direct
2017-08-02	Common Stock, $.001 par value	F	14327	$99.61	Disposed	440648	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-08-02	Non-Qualified Stock Option (Right to Buy)	$9.96	M	30000	Disposed	2023-09-26	Common Stock, $0.001 par value (30000)	Direct

Footnotes

F1: Represents a "net exercise" of outstanding stock options. The reporting person received 15,673 shares of common stock on net exercise of option to purchase 30,000 shares of common stock. The Company withheld 14,327 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on August 1 of $99.61, pursuant to the terms of the 2013 Equity Incentive Plan.

F2: The stock option award (combined incentive stock option and non-qualified stock option) vested as to 1/4th of the total number of shares on September 26, 2014 and 1/8th of the shares vest every six months thereafter.