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APPLIED OPTOELECTRONICS, INC. — Director's Dealing 2017
Jul 31, 2017
31853_dirs_2017-07-31_d7ed83dd-7e12-478a-a46a-81f0cfafa217.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: APPLIED OPTOELECTRONICS, INC. (AAOI)
CIK: 0001158114
Period of Report: 2017-07-27
Reporting Person: Lin Chih-Hsiang (Thompson) (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-07-27 | Common Stock, $.001 par value | M | 50000 | $9.96 | Acquired | 434833 | Direct |
| 2017-07-27 | Common Stock, $.001 par value | F | 23903 | $98.76 | Disposed | 410930 | Direct |
| 2017-07-28 | Common Stock, $.001 par value | M | 30000 | $9.96 | Acquired | 440930 | Direct |
| 2017-07-28 | Common Stock, $.001 par value | F | 14359 | $97.82 | Disposed | 426571 | Direct |
| 2017-07-31 | Common Stock, $.001 par value | F | 1596 | $96.64 | Disposed | 424975 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-07-27 | Non-Qualified Stock Option (Right to Buy) | $9.96 | M | 50000 | Disposed | 2023-09-26 | Common Stock, $0.001 par value (50000) | Direct |
| 2017-07-28 | 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 26,097 shares of common stock on net exercise of option to purchase 50,000 shares of common stock. The Company withheld 23,903 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 2013 Equity Incentive Plan.
F2: Represents a "net exercise" of outstanding stock options. The reporting person received 15,641 shares of common stock on net exercise of option to purchase 30,000 shares of common stock. The Company withheld 14,359 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on July 27, 2017 of $97.82, pursuant to the terms of the 2013 Equity Incentive Plan.
F3: Reflects shares surrendered to the Issuer to satisfy tax-withholding obligations upon the vesting of restricted stock.
F4: 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.