SEC Form 4 · accession 0001683168-16-000734
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
Nov 17, 2016
Accepted (ET)
Nov 18, 2016 · 7:04 pm EST
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 valueF1 | Nov 17, 2016 | S | 19,737 | $25.7359 | D | 200,197 | D | |
| Common Stock, $.001 par value | Nov 17, 2016 | M | 8,000 | $6.00 | A | 208,197 | D | |
| Common Stock, $.001 par value | Nov 17, 2016 | F | 2,314 | $26.08 | D | 205,883 | 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)F3 | $6.00 | Nov 17, 2016 | M | 8,000 | D | — | Aug 23, 2020 | Common Stock, $0.001 par value | 8,000 | 2,000 | D |
Explanation of responses
- F1The shares were sold in multiple transactions on November 17, 2016 at an actual sale price ranging from $25.60 to $25.85 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.
- F2Represents a "net exercise" of outstanding stock options. The reporting person received 5,686 shares of common stock on net exercise of option to purchase 8,000 shares of common stock. The Company withheld 2,314 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on November 16, 2016 of $26.08, pursuant to the terms of the 2006 Stock Incentive Plan.
- F3Option fully vested.