Chih-Hsiang (Thompson) Lin - 31 Aug 2023 Form 4 Insider Report for APPLIED OPTOELECTRONICS, INC. (AAOI)

Role
President and CEO, Director
Signature
/s/ David C. Kuo, attorney in fact for Chih-Hsiang (Thompson) Lin
Issuer symbol
AAOI
Transactions as of
31 Aug 2023
Transactions value $
-$138,553
Form type
4
Date filed
05 Sep 2023, 19:09
Previous filing
18 Aug 2023
Next filing
06 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAOI Common Stock, $.001 par value Options Exercise $14.4K +1.44K +0.12% $9.96 1.22M 31 Aug 2023 Direct
transaction AAOI Common Stock, $.001 par value Tax liability -$16.5K -1.08K -0.09% $15.22 1.22M 31 Aug 2023 Direct F1
transaction AAOI Common Stock, $.001 par value Options Exercise $656K +65.9K +5.41% $9.96 1.28M 31 Aug 2023 Direct
transaction AAOI Common Stock, $.001 par value Tax liability -$793K -52.1K -4.06% $15.22 1.23M 31 Aug 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AAOI Incentive Stock Option (Right to Buy) Options Exercise $0 -1.44K -100% $0.00* 0 31 Aug 2023 Common Stock, $0.001 par value 1.44K $9.96 Direct F3
transaction AAOI Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -65.9K -100% $0.00* 0 31 Aug 2023 Common Stock, $0.001 par value 65.9K $9.96 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects "net exercise" of outstanding stock options. The reporting person received 359 shares of common stock on net exercise of option to purchase 1,443 shares of common stock. The Company withheld 1,084 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing price on August 30, 2023 of $15.22, pursuant to the terms of the 2013 Equity Incentive Plan.
F2 Reflects "net exercise" of outstanding stock options. The reporting person received 13,813 shares of common stock on net exercise of option to purchase 65,905 shares of common stock. The Company withheld 52,092 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing price on August 30, 2023 of $15.22, pursuant to the terms of the 2013 Equity Incentive Plan.
F3 Options fully vested.