SEC Form 4 · accession 0001683168-17-001270
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
May 11, 2017
Accepted (ET)
May 15, 2017 · 4:56 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 | May 11, 2017 | M | 2,000 | $6.00 | A | 320,455 | D | |
| Common Stock, $.001 par value | May 11, 2017 | F | 289 | $64.97 | D | 320,166 | D | |
| Common Stock, $.001 par value | May 11, 2017 | M | 17,407 | $6.00 | A | 337,573 | D | |
| Common Stock, $.001 par value | May 11, 2017 | F | 2,511 | $64.97 | D | 335,062 | D | |
| Common Stock, $.001 par value | May 11, 2017 | M | 10,667 | $6.00 | A | 345,729 | D | |
| Common Stock, $.001 par value | May 11, 2017 | F | 1,540 | $64.97 | D | 344,189 | D | |
| Common Stock, $.001 par valueF4 | May 12, 2017 | S | 8,586 | $66.00 | D | 335,603 | 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)F5 | $6.00 | May 11, 2017 | M | 2,000 | D | — | Aug 23, 2020 | Common Stock, $0.001 par value | 2,000 | 0 | D |
| Incentive Stock OptionF5 | $6.00 | May 11, 2017 | M | 17,407 | D | — | Mar 4, 2021 | Common Stock, $0.001 par value | 17,407 | 0 | D |
| Right to BuyF5 | $6.00 | May 11, 2017 | M | 10,667 | D | — | May 22, 2022 | Common Stock, $0.001 par value | 10,667 | 0 | D |
Explanation of responses
- F1Represents a "net exercise" of outstanding stock options. The reporting person received 1,711 shares of common stock on net exercise of option to purchase 2,000 shares of common stock. The Company withheld 289 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on May 10, 2017 of $64.97, pursuant to the terms of the 2006 Stock Incentive Plan.
- F2Represents a "net exercise" of outstanding stock options. The reporting person received 14,896 shares of common stock on net exercise of option to purchase 17,407 shares of common stock. The Company withheld 2,511 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on May 10, 2017 of $64.97, pursuant to the terms of the 2006 Stock Incentive Plan.
- F3Represents a "net exercise" of outstanding stock options. The reporting person received 9,127 shares of common stock on net exercise of option to purchase 10,667 shares of common stock. The Company withheld 1,540 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on May 10, 2017 of $64.97, pursuant to the terms of the 2006 Stock Incentive Plan.
- F4The shares were sold in multiple transactions on May 12, 2017 at an actual sale price ranging from $66.00 to $66.07 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.
- F5Option fully vested.