APPLIED OPTOELECTRONICS, INC. — Director's Dealing 2024

Jan 9, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED OPTOELECTRONICS, INC. (AAOI)
CIK: 0001158114
Period of Report: 2024-01-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-01-05	Common Stock, $.001 par value	M	1100	$13.84	Acquired	217481	Direct
2024-01-05	Common Stock, $.001 par value	F	922	$18.53	Disposed	216559	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-01-05	Incentive Stock Option (Right to Buy)	$13.84	M	1100	Disposed	2024-01-28	Common Stock, $0.001 par value (1100)	Direct

Footnotes

F1: Reflects "net exercise" of outstanding stock options. The reporting person received 178 shares of common stock on net exercise of option to purchase 1,100 shares of common stock. The Company withheld 922 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing price on January 4, 2024 of $18.53, pursuant to the terms of the 2013 Equity Incentive Plan.

F2: Options fully vested.