Company: AAOI
Filing Date: 2025-03-10
Form Type: DEF 14A
Source: 0001104659-25-022149
Chunk: 14

Company: APPLIED OPTOELECTRONICS, INC.
Filing Date: 2025-03-10
Form: DEF 14A
Chunk 14
---
ended and Restated 2021 Plan and does not purport to be 7 TABLE OF CONTENTS a complete description. A copy of the complete text of the Amended and Restated 2021 Plan is attached to this Proxy Statement as Appendix A, and the following description is qualified in its entirety by reference to Appendix A. Purpose. The purpose of the Amended and Restated 2021 Plan is to attract, retain and motivate our employees, officers, directors and other individuals providing services to the Company and its affiliates by providing them the opportunity to acquire an equity interest in the Company and to align their interests and efforts with the long-term interests of the Company’s stockholders. Administration. The Board or the compensation committee is authorized to administer the Amended and Restated 2021 Plan. The Board or the compensation committee may delegate concurrent administration of the Amended and Restated 2021 Plan to other committees consisting of one or more members of our Board or to one or more officers in accordance with the Amended and Restated 2021 Plan’s terms and any conditions established by our Board or compensation committee. The administrator is authorized to select the individuals to be granted awards and, subject to the terms of the Amended and Restated 2021 Plan, to determine the types of awards to be granted, the number of shares subject to awards and the other terms, conditions and provisions of such awards. References to the administrator below are, as applicable, to our Board, the compensation committee, or any other committee or officers to whom authority to administer the Amended and Restated 2021 Plan is delegated. Eligibility. Awards may be granted under the Amended and Restated 2021 Plan to our employees, officers, directors and independent contractors providing services to the Company or our affiliates. As of January 31, 2025, we had approximately 2,791 employees, including five executive officers, and six non-employee directors, all of whom are eligible to participate in the Amended and Restated 2021 Plan. However, consistent with our prior practice, we do not intend to make grants to all such individuals. Share Reserve. The Amended and Restated 2021 Plan authorizes the issuance of up to 8,147,762 shares of common stock. This includes up to 1,613,762 shares subject to outstanding awards under the Company’s 2013 Equity Incentive Plan (the “2013 Plan”) that was replaced by the Amended and Restated 2021