SEC Form 4 · accession 0001683168-17-001907
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
Jul 27, 2017
Accepted (ET)
Jul 31, 2017 · 6:27 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 27, 2017 | M | 50,000 | $9.96 | A | 434,833 | D | |
| Common Stock, $.001 par value | Jul 27, 2017 | F | 23,903 | $98.76 | D | 410,930 | D | |
| Common Stock, $.001 par value | Jul 28, 2017 | M | 30,000 | $9.96 | A | 440,930 | D | |
| Common Stock, $.001 par value | Jul 28, 2017 | F | 14,359 | $97.82 | D | 426,571 | D | |
| Common Stock, $.001 par valueF3 | Jul 31, 2017 | F | 1,596 | $96.64 | D | 424,975 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy)F4 | $9.96 | Jul 27, 2017 | M | 50,000 | D | — | Sep 26, 2023 | Common Stock, $0.001 par value | 50,000 | 563,905 | D |
| Non-Qualified Stock Option (Right to Buy)F4 | $9.96 | Jul 28, 2017 | M | 30,000 | D | — | Sep 26, 2023 | Common Stock, $0.001 par value | 30,000 | 533,905 | D |
Explanation of responses
- F1Represents a "net exercise" of outstanding stock options. The reporting person received 26,097 shares of common stock on net exercise of option to purchase 50,000 shares of common stock. The Company withheld 23,903 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on July 26, 2017 of $98.76, pursuant to the terms of the 2013 Equity Incentive Plan.
- F2Represents a "net exercise" of outstanding stock options. The reporting person received 15,641 shares of common stock on net exercise of option to purchase 30,000 shares of common stock. The Company withheld 14,359 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on July 27, 2017 of $97.82, pursuant to the terms of the 2013 Equity Incentive Plan.
- F3Reflects shares surrendered to the Issuer to satisfy tax-withholding obligations upon the vesting of restricted stock.
- F4The stock option award (combined incentive stock option and non-qualified stock option) vested as to 1/4th of the total number of shares on September 26, 2014 and 1/8th of the shares vest every six months thereafter.