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APPLIED OPTOELECTRONICS, INC. Director's Dealing 2017

Jul 19, 2017

31853_dirs_2017-07-19_c9d97f5f-cf98-4511-9a16-a3bd9896a697.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: 2017-07-17

Reporting Person: Chang Hung-Lun (Fred) (*** See Remarks)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-07-17 Common Stock, $.001 par value M 1310 $9.96 Acquired 46596 Direct
2017-07-17 Common Stock, $.001 par value F 224 $84.20 Disposed 46372 Direct
2017-07-17 Common Stock, $.001 par value M 3300 $13.84 Acquired 49672 Direct
2017-07-17 Common Stock, $.001 par value F 766 $84.20 Disposed 48906 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-07-17 Incentive Stock Option (Right to Buy) $9.96 M 1310 Disposed 2023-09-26 Common Stock, $0.001 par value (1310) Direct
2017-07-17 Incentive Stock Option (Right to Buy) $13.84 M 3300 Disposed 2024-01-28 Common Stock, $0.001 par value (3300) Direct

Footnotes

F1: Represents a "net exercise" of outstanding stock options. The reporting person received 1,086 shares of common stock on net exercise of option to purchase 1,310 shares of common stock. The Company withheld 224 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price.

F2: Represents a "net exercise" of outstanding stock options. The reporting person received 2,534 shares of common stock on net exercise of option to purchase 3,300 shares of common stock. The Company withheld 766 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price.

F3: The stock option grant vested as to 1/4th of the total number of shares on September 26, 2014 and thereafter vested and shall continue to vest as to 1/6th of the remainder of the shares in equal semiannual installments until all shares have vested.

F4: The stock option grant vested as to 1/4th of the total number of shares on January 28, 2015 and thereafter vested and shall continue to vest as to 1/6th of the remainder of the shares in equal semiannual installments until all shares have vested.