SEC Form 4 · accession 0001683168-17-001336
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 17, 2017
Accepted (ET)
May 18, 2017 · 4:05 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 17, 2017 | M | 36,096 | $7.50 | A | 371,699 | D | |
| Common Stock, $.001 par value | May 17, 2017 | F | 6,414 | $64.97 | D | 365,285 | D | |
| Common Stock, $.001 par value | May 17, 2017 | M | 50,237 | $7.50 | A | 415,522 | D | |
| Common Stock, $.001 par value | May 17, 2017 | F | 24,442 | $64.97 | D | 391,080 | 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 | $7.50 | May 17, 2017 | M | 36,096 | D | — | Jan 18, 2023 | Common Stock, $0.001 par value | 36,096 | 0 | D |
| Non-Qualified Stock Option (Right to Buy)F3 | $7.50 | May 17, 2017 | M | 50,237 | D | — | Jan 18, 2023 | Common Stock, $0.001 par value | 50,237 | 0 | D |
Explanation of responses
- F1Represents a "net exercise" of outstanding stock options. The reporting person received 29,682 shares of common stock on net exercise of option to purchase 36,096 shares of common stock. The Company withheld 6,414 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on May 16, 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 25,795 shares of common stock on net exercise of option to purchase 50,237 shares of common stock. The Company withheld 24,442 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on May 16, 2017 of $64.97, pursuant to the terms of the 2006 Stock Incentive Plan.
- F3The stock option award (combined incentive stock option and non-qualified stock option) vested as to 1/4th of the total number of shares on January 18, 2014 and 1/6th of the shares vest every six months thereafter.