SEC Form 4 · accession 0001683168-17-003127
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
Nov 16, 2017
Accepted (ET)
Nov 20, 2017 · 6:30 pm EST
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 | Nov 16, 2017 | M | 80,000 | $9.96 | A | 522,837 | D | |
| Common Stock, $.001 par valueF1 | Nov 16, 2017 | F | 43,749 | $45.40 | D | 479,088 | D | |
| Common Stock, $.001 par valueF2 | Nov 16, 2017 | S | 1,300 | $45.30 | D | 477,788 | D | |
| Common Stock, $.001 par valueF3 | Nov 20, 2017 | S | 2,300 | $45.20 | D | 475,488 | 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 | Nov 16, 2017 | M | 80,000 | D | — | Sep 26, 2023 | Common Stock, $0.001 par value | 80,000 | 393,905 | D |
Explanation of responses
- F1Represents a "net exercise" of outstanding stock options. The reporting person received 36,251 shares of common stock on net exercise of option to purchase 80,000 shares of common stock. The Company withheld 43,749 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on November 15, 2017 of $45.40, pursuant to the terms of the 2013 Equity Incentive Plan.
- F2The shares were sold in multiple transactions on November 16, 2017 at an actual sale price $45.30 per share. 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.
- F3The shares were sold in multiple transactions on November 20, 2017 at an actual sale price $45.20 per share. 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.
- F4Options fully vested.