Company: AAOI
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001104659-25-040212
Chunk: 53

Company: APPLIED OPTOELECTRONICS, INC.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 53
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 ​ | ​ | ​ | ​ |                                                        591,419 | ​ |       ​ | ​ | ​ | ​ |                                                                                            19,747 | ​ | ​ | ​ | ​ | ​ |                                                                                                         727,874 | ​ | ​ |   |   |
| ​                          | ​ | ​ |       2024 | ​ |    ​ | ​ | ​ | ​ |                                                        — | ​ |      ​ | ​ | ​ | ​ |                                                              — | ​ |       ​ | ​ | ​ | ​ |                                                                                                 — | ​ | ​ | ​ | ​ | ​ |                                                                                                               — | ​ | ​ |   |   |

35

TABLE OF CONTENTS

(1) The amounts reported reflect RSUs granted under our 2021 Plan, including RSUs granted in 2021, 2022, 2023, and 2024 in settlement of the awards approved by the compensation committee in the prior year that were denominated in dollars and to be settled in RSUs following achievement of the annual performance goals. The RSUs vest in substantially equal installments each quarter over a four-year period commencing in January of the specified calendar year, subject to continued service through each applicable vesting date. (2) The market value of the stock awards was calculated using the closing price of our common stock on December 31, 2024 (the last trading day of 2024) of $36.86. (3) The amounts reported reflect PSUs granted in the specified calendar year under our 2021 Plan based on achieving target performance goals, which would result in 100% of the subject shares vesting. 2024 Option Exercises and Stock Vested The following table sets forth information regarding stock options that were exercised and stock awards that vested for each of our NEOs during 2024.

| ​ | ​                                      | Named Executive Officer    | ​ | ​ | ​ | Option Awards |   |                                |   |   |   |   |   |   |                                       |   | ​ | ​ | ​ | Stock Awards |   |                                |   |   |   |   |   |   |           |   | ​ | ​ |
| ​ | Number ofSharesAcquired onExercise (#) |                            |   |   | ​ | ​             | ​ | ValueRealized onVesting ($)(1) |   |   |   | ​ | ​ | ​ | Number ofSharesAcquired onVesting (#) |   |   |