SEC Form 4 · accession 0001683168-17-001950
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
Aug 2, 2017
Accepted (ET)
Aug 3, 2017 · 4:15 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 | Aug 2, 2017 | M | 30,000 | $9.96 | A | 454,975 | D | |
| Common Stock, $.001 par value | Aug 2, 2017 | F | 14,327 | $99.61 | D | 440,648 | 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)F2 | $9.96 | Aug 2, 2017 | M | 30,000 | D | — | Sep 26, 2023 | Common Stock, $0.001 par value | 30,000 | 503,905 | D |
Explanation of responses
- F1Represents a "net exercise" of outstanding stock options. The reporting person received 15,673 shares of common stock on net exercise of option to purchase 30,000 shares of common stock. The Company withheld 14,327 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on August 1 of $99.61, pursuant to the terms of the 2013 Equity Incentive Plan.
- F2The 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.