SEC Form 4 · accession 0001683168-17-001908
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
Jul 31, 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 valueF1 | Jul 31, 2017 | F | 172 | $96.64 | D | 23,753 | D | |
| Common Stock, $.001 par value | Jul 31, 2017 | M | 300 | $13.84 | A | 24,053 | D | |
| Common Stock, $.001 par valueF2,F3 | Jul 31, 2017 | S | 578 | $96.4704 | D | 23,475 | 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 | $13.84 | Jul 31, 2017 | M | 300 | D | — | Jan 28, 2024 | Common Stock, $0.001 par value | 300 | 300 | D |
Explanation of responses
- F1Reflects shares surrendered to the Issuer to satisfy tax-withholding obligations upon the vesting of restricted stock.
- F2The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 7, 2017.
- F3The shares were sold in multiple transactions on July 31, 2017 at an actual sale price ranging from $96.46 to $96.48 per share. The price reported reflected 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 during each transaction.
- F4The Incentive stock option award vested as to 1/4th of the total number of shares on January 28, 2014 and 1/8th of the shares vest every six months thereafter.