SEC Form 4 · accession 0001206774-16-005754
ALLIANCE FIBER OPTIC PRODUCTS INC · AFOP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter C Chang
Officer — Chairman, President and CEO · Director
Period of report
May 2, 2016
Accepted (ET)
May 3, 2016 · 1:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001122342
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 2, 2016 | F | 86,780 | $18.52 | D | 1,541,420 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Withholding of 93,220 shares to satisfy tax obligations arising in connection with the vesting of restricted stock units.
- F2The total 1,541,420 shares of common stock included 180,000 shares restricted stock units ("RSUs") granted to Peter Chang on April 2, 2015, which RSUs vest as to one third of the total shares on each of May 1, 2017, 2018 and 2019. All RSUs vest in full in the event of change in control or in the event of termination of Peter Chang's service due to death or involuntary discharge.