AI assistant
APPLIED OPTOELECTRONICS, INC. — Director's Dealing 2017
May 18, 2017
31853_dirs_2017-05-18_0765fdba-a5c0-4df8-a294-d0a0745d82e8.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: APPLIED OPTOELECTRONICS, INC. (AAOI)
CIK: 0001158114
Period of Report: 2017-05-17
Reporting Person: Lin Chih-Hsiang (Thompson) (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-17 | Common Stock, $.001 par value | M | 36096 | $7.50 | Acquired | 371699 | Direct |
| 2017-05-17 | Common Stock, $.001 par value | F | 6414 | $64.97 | Disposed | 365285 | Direct |
| 2017-05-17 | Common Stock, $.001 par value | M | 50237 | $7.50 | Acquired | 415522 | Direct |
| 2017-05-17 | Common Stock, $.001 par value | F | 24442 | $64.97 | Disposed | 391080 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-17 | Incentive Stock Option (Right to Buy) | $7.50 | M | 36096 | Disposed | 2023-01-18 | Common Stock, $0.001 par value (36096) | Direct |
| 2017-05-17 | Non-Qualified Stock Option (Right to Buy) | $7.50 | M | 50237 | Disposed | 2023-01-18 | Common Stock, $0.001 par value (50237) | Direct |
Footnotes
F1: Represents a "net exercise" of outstanding stock options. The reporting person received 29,682 shares of common stock on net exercise of option to purchase 36,096 shares of common stock. The Company withheld 6,414 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on May 16, 2017 of $64.97, pursuant to the terms of the 2006 Stock Incentive Plan.
F2: Represents a "net exercise" of outstanding stock options. The reporting person received 25,795 shares of common stock on net exercise of option to purchase 50,237 shares of common stock. The Company withheld 24,442 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on May 16, 2017 of $64.97, pursuant to the terms of the 2006 Stock Incentive Plan.
F3: 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 January 18, 2014 and 1/6th of the shares vest every six months thereafter.