SEC Form 4 · accession 0001683168-17-001158
APPLIED OPTOELECTRONICS, INC. · AAOI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David C Kuo
Officer — General Counsel and Secretary
Period of report
May 8, 2017
Accepted (ET)
May 10, 2017 · 4:01 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 valueF1,F2 | May 8, 2017 | S | 1,389 | $60.00 | D | 27,460 | D | |
| Common Stock, $.001 par value | May 9, 2017 | M | 438 | $7.50 | A | 27,898 | D | |
| Common Stock, $.001 par value | May 9, 2017 | M | 300 | $13.84 | A | 28,198 | D | |
| Common Stock, $.001 par valueF3 | May 9, 2017 | S | 2,398 | $60.00 | D | 25,800 | 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)F4 | $7.50 | May 9, 2017 | M | 438 | D | — | Jan 18, 2023 | Common Stock $0.001 par | 438 | 0 | D |
| Incentive Stock Option (Right to Buy)F5 | $13.84 | May 9, 2017 | M | 300 | D | — | Jan 28, 2024 | Common Stock $0.001 par | 300 | 600 | D |
Explanation of responses
- F1The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 7, 2017.
- F2The 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.
- F3The 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.
- F4Option fully vested.
- F5The 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.