SEC Form 4 · accession 0001683168-16-000111
APPLIED OPTOELECTRONICS, INC. · AAOI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chih-Hsiang (Thompson) Lin
Officer — President and CEO · Director
Period of report
Sep 13, 2016
Accepted (ET)
Sep 14, 2016 · 5:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001158114
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.001 par value | Sep 13, 2016 | M | 10,000 | $6.00 | A | 222,873 | D | |
| Common Stock, $.001 par value | Sep 13, 2016 | F | 2,939 | $20.42 | D | 219,934 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (Right to Buy)F2 | $6.00 | Sep 13, 2016 | M | 10,000 | D | — | Aug 23, 2020 | Common Stock, $0.001 par value | 10,000 | 10,000 | D |
Explanation of responses
- F1Represents a "net exercise" of outstanding stock options. The reporting person received 7,061 shares of common stock on net exercise of option to purchase 10,000 shares of common stock. The Company withheld 2,939 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on September 13, 2016 of $20.42, pursuant to the terms of the 2006 Stock Incentive Plan.
- F2Options fully vested.