Hung-Lun (Fred) Chang - Jan 5, 2024 Form 4 Insider Report for APPLIED OPTOELECTRONICS, INC. (AAOI)

Role
*** Senior Vice President and North America General Manager
Signature
/s/ David C. Kuo, attorney in fact for Hung-Lun (Fred) Chang
Stock symbol
AAOI
Transactions as of
Jan 5, 2024
Transactions value $
-$1,861
Form type
4
Date filed
1/9/2024, 04:01 PM
Previous filing
Oct 25, 2023
Next filing
Jan 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAOI Common Stock, $.001 par value Options Exercise $15.2K +1.1K +0.51% $13.84 217K Jan 5, 2024 Direct
transaction AAOI Common Stock, $.001 par value Tax liability -$17.1K -922 -0.42% $18.53 217K Jan 5, 2024 Direct F1

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 -1.1K -100% $0.00* 0 Jan 5, 2024 Common Stock, $0.001 par value 1.1K $13.84 Direct F2
* 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 178 shares of common stock on net exercise of option to purchase 1,100 shares of common stock. The Company withheld 922 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing price on January 4, 2024 of $18.53, pursuant to the terms of the 2013 Equity Incentive Plan.
F2 Options fully vested.

Remarks:

*** Senior Vice President and North America General Manager