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APPLIED OPTOELECTRONICS, INC. Director's Dealing 2017

May 10, 2017

31853_dirs_2017-05-10_89f2d53f-0e10-4206-a029-e7a940c79180.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: 2017-05-08

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-05-08 Common Stock, $.001 par value S 1389 $60.00 Disposed 27460 Direct
2017-05-09 Common Stock, $.001 par value M 438 $7.50 Acquired 27898 Direct
2017-05-09 Common Stock, $.001 par value M 300 $13.84 Acquired 28198 Direct
2017-05-09 Common Stock, $.001 par value S 2398 $60.00 Disposed 25800 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-05-09 Incentive Stock Option (Right to Buy) $7.50 M 438 Disposed 2023-01-18 Common Stock $0.001 par (438) Direct
2017-05-09 Incentive Stock Option (Right to Buy) $13.84 M 300 Disposed 2024-01-28 Common Stock $0.001 par (300) 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 8, 2017 at an actual sale price $60.00 per share. The price reported reflects the weighted average sale price for the transactions. 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 at each separate price.

F3: The shares were sold in multiple transactions on May 9, 2017 at an actual sale price $60.00 per share. The price reported reflects the weighted average sale price for the transactions. 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 at each separate price.

F4: Option fully vested.

F5: 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.