APPLIED OPTOELECTRONICS, INC. — Director's Dealing 2017

May 24, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED OPTOELECTRONICS, INC. (AAOI)
CIK: 0001158114
Period of Report: 2017-05-22

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-22	Common Stock, $.001 par value	M	507	$9.96	Acquired	26307	Direct
2017-05-22	Common Stock, $.001 par value	S	507	$70.00	Disposed	25800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-22	Incentive Stock Option (Right to Buy)	$9.96	M	507	Disposed	2023-09-26	Common Stock, $0.001 par value (507)	Direct

Footnotes

F1: The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 7, 2017.

F2: The shares were sold in multiple transactions on May 22, 2017 at an actual sale price $70.00 per share. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold during each transaction.

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.