SEC Form 4 · accession 0001683168-17-001808
APPLIED OPTOELECTRONICS, INC. · AAOI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hung-Lun (Fred) Chang
Officer — *** See Remarks
Period of report
Jul 17, 2017
Accepted (ET)
Jul 19, 2017 · 4:10 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 | Jul 17, 2017 | M | 1,310 | $9.96 | A | 46,596 | D | |
| Common Stock, $.001 par value | Jul 17, 2017 | F | 224 | $84.20 | D | 46,372 | D | |
| Common Stock, $.001 par value | Jul 17, 2017 | M | 3,300 | $13.84 | A | 49,672 | D | |
| Common Stock, $.001 par value | Jul 17, 2017 | F | 766 | $84.20 | D | 48,906 | 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 | $9.96 | Jul 17, 2017 | M | 1,310 | D | — | Sep 26, 2023 | Common Stock, $0.001 par value | 1,310 | 1,125 | D |
| Incentive Stock Option (Right to Buy)F4 | $13.84 | Jul 17, 2017 | M | 3,300 | D | — | Jan 28, 2024 | Common Stock, $0.001 par value | 3,300 | 1,100 | D |
Explanation of responses
- F1Represents a "net exercise" of outstanding stock options. The reporting person received 1,086 shares of common stock on net exercise of option to purchase 1,310 shares of common stock. The Company withheld 224 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price.
- F2Represents a "net exercise" of outstanding stock options. The reporting person received 2,534 shares of common stock on net exercise of option to purchase 3,300 shares of common stock. The Company withheld 766 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price.
- F3The stock option grant vested as to 1/4th of the total number of shares on September 26, 2014 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.
- F4The 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.
Remarks
*** Senior Vice President of Optical Component Business Unit