APPLIED OPTOELECTRONICS, INC. — Director's Dealing 2017

Jul 31, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED OPTOELECTRONICS, INC. (AAOI)
CIK: 0001158114
Period of Report: 2017-07-27

Reporting Person: Murry Stefan J. (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-07-27	Common Stock, $.001 par value	M	3000	$7.50	Acquired	62704	Direct
2017-07-27	Common Stock, $.001 par value	F	327	$98.76	Disposed	62377	Direct
2017-07-31	Common Stock, $.001 par value	F	344	$96.64	Disposed	62033	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-07-27	Incentive Stock Option (Right to Buy)	$7.50	M	3000	Disposed	2023-01-18	Common Stock, $0.001 par value (3000)	Direct

Footnotes

F1: Represents a "net exercise" of outstanding stock options. The reporting person received 2,673 shares of common stock on net exercise of option to purchase 3,000 shares of common stock. The Company withheld 327 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on July 26, 2017 of $98.76, pursuant to the terms of the 2006 Incentive Plan.

F2: Reflects shares surrendered to the Issuer to satisfy tax-withholding obligations upon the vesting of restricted stock.

F3: Option fully vested.