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Applied Optoelectronics Announces Equity Grants To Employees Under Inducement Plan

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Applied Optoelectronics (NASDAQ: AAOI) has announced equity grants to 3 new employees under its 2023 Equity Inducement Plan. The Compensation Committee of the Board of Directors approved inducement awards for 16,145 shares of common stock, with a grant date of July 29, 2024. These awards, in the form of restricted stock units, will vest over a four-year period, contingent on the employees' continued service. The Inducement Plan is specifically designed for granting equity awards to new hires as an incentive for joining Applied Optoelectronics, in compliance with Nasdaq Listing Rule 5635(c)(4).

Applied Optoelectronics (NASDAQ: AAOI) ha annunciato l'assegnazione di azioni a 3 nuovi dipendenti nell'ambito del suo Piano di Induzione al Capitale 2023. Il Comitato per i Compensi del Consiglio di Amministrazione ha approvato premi di induzione per 16.145 azioni ordinarie, con una data di concessione del 29 luglio 2024. Questi premi, sotto forma di unit脿 azionarie vincolate, matureranno nel corso di un periodo di quattro anni, a condizione del proseguimento del servizio dei dipendenti. Il Piano di Induzione 猫 stato specificamente progettato per concedere premi azionari ai nuovi assunti come incentivo per unirsi ad Applied Optoelectronics, in conformit脿 con la Regola di Quotazione Nasdaq 5635(c)(4).

Applied Optoelectronics (NASDAQ: AAOI) ha anunciado concesiones de capital a 3 nuevos empleados bajo su Plan de Inducci贸n de Capital 2023. El Comit茅 de Compensaci贸n de la Junta Directiva aprob贸 premios de inducci贸n por 16,145 acciones ordinarias, con una fecha de concesi贸n del 29 de julio de 2024. Estos premios, en forma de unidades de acciones restringidas, se otorgar谩n durante un per铆odo de cuatro a帽os, dependiendo de la continuaci贸n del servicio de los empleados. El Plan de Inducci贸n est谩 dise帽ado espec铆ficamente para otorgar premios de capital a nuevos empleados como incentivo para unirse a Applied Optoelectronics, en cumplimiento de la Regla de Listado de Nasdaq 5635(c)(4).

Applied Optoelectronics(NASDAQ: AAOI)電 2023雲 鞛愲掣 鞙犽弰 瓿勴殟鞐 霐半澕 3氇呾潣 鞁犼窚 歆侅洂鞐愱矊 欤检嫕 氤挫儊鞚 氚滍憸頄堨姷雼堧嫟. 鞚挫偓須 氤挫儊鞙勳洂須岆姅 16,145欤鞚 氤错喌欤检棎 雽頃 鞙犽弰 氤挫儊鞚 鞀轨澑頄堨溂氅, 攵鞐澕鞛愲姅 2024雲 7鞗 29鞚鞛呺媹雼. 鞚 氤挫儊鞚 鞝滍暅霅 欤检嫕 雼渼鞚 順曧儨搿 鞝滉车霅橂┌, 歆侅洂霌れ潣 歆靻嶌爜鞚 氪夓偓鞐 霐半澕 4雲 霃欖晥 攵勴暊 歆旮夒惄雼堧嫟. 鞚 鞙犽弰 瓿勴殟鞚 Applied Optoelectronics鞐 頃╇頃橂姅 鞚胳劶韹半笇搿滌劀 鞁犼窚毂勳毄鞛愳棎瓴 鞛愲掣 氤挫儊鞚 攵鞐晿旮 鞙勴暣 韸闺硠頌 靹り硠霅橃棃鞀惦媹雼. 鞚措姅 Nasdaq 靸侅灔 攴滌箼 5635(c)(4)鞐 霐半澕 鞚措(鞏挫雼堧嫟.

Applied Optoelectronics (NASDAQ: AAOI) a annonc茅 des attributions d鈥檃ctions 脿 3 nouveaux employ茅s dans le cadre de son Plan d鈥橧nduction au Capital 2023. Le Comit茅 de R茅mun茅ration du Conseil d鈥橝dministration a approuv茅 des r茅compenses d鈥檌nduction pour 16 145 actions ordinaires, avec une date d鈥檃ttribution fix茅e au 29 juillet 2024. Ces r茅compenses, sous forme d鈥檜nit茅s d鈥檃ctions restreintes, seront acquises sur une p茅riode de quatre ans, sous r茅serve de la continuit茅 du service des employ茅s. Le Plan d'Induction est sp茅cifiquement con莽u pour attribuer des r茅compenses en capital aux nouvelles recrues en tant qu'incitation 脿 rejoindre Applied Optoelectronics, conform茅ment 脿 la R猫gle de Cotation Nasdaq 5635(c)(4).

Applied Optoelectronics (NASDAQ: AAOI) hat Eigenkapitalzuteilungen an 3 neue Mitarbeiter im Rahmen seines Eigenkapitalinduktionsplans 2023 angek眉ndigt. Der Verg眉tungsausschuss des Vorstands genehmigte Induktionsauszeichnungen f眉r 16.145 Aktien des Stammkapitals, mit einem Zuteilungsdatum vom 29. Juli 2024. Diese Auszeichnungen, in Form von eingeschr盲nkten Aktieneinheiten, werden 眉ber einen vierj盲hrigen Zeitraum f盲llig, abh盲ngig von der fortgesetzten Dienstleistung der Mitarbeiter. Der Induktionsplan ist speziell darauf ausgelegt, neuen Mitarbeitern als Anreiz f眉r den Beitritt zu Applied Optoelectronics Eigenkapitalanreize zu gew盲hren, gem盲脽 der Nasdaq-Listingregel 5635(c)(4).

Positive
  • Attracting new talent with equity incentives
  • Aligning employee interests with company performance through stock-based compensation
Negative
  • Potential dilution of existing shareholders' equity

SUGAR LAND, Texas, July 30, 2024 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, today announced that the Compensation Committee of its Board of Directors granted inducement awards for 16,145 shares of common stock to 3 new employees, with a grant date of July 29, 2024, pursuant to the Applied Optoelectronics, Inc. 2023 Equity Inducement Plan (the 鈥淚nducement Plan鈥).

The Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously employees of Applied Optoelectronics, or following a bona fide period of non-employment, as an inducement material to such individuals鈥 entering into employment with Applied Optoelectronics, pursuant to Nasdaq Listing Rule 5635(c)(4).

The inducement awards are comprised of restricted stock units which vest over a four-year period, subject to the employee鈥檚 continued service on the applicable vesting dates. The restricted stock units are subject to the terms and conditions of the Inducement Plan and restricted stock unit agreements covering the grants.

About Applied Optoelectronics

Applied Optoelectronics Inc. (AOI) is a leading developer and manufacturer of advanced optical products, including components, modules and equipment. AOI's products are the building blocks for broadband fiber access networks around the world, where they are used in the internet datacenter, CATV broadband, telecom and FTTH markets. AOI supplies optical networking lasers, components and equipment to tier-1 customers in all four of these markets. In addition to its corporate headquarters, wafer fab and advanced engineering and production facilities in Sugar Land, TX, AOI has engineering and manufacturing facilities in Taipei, Taiwan and Ningbo, China. For additional information, visit

Investor Relations Contacts:

The Blueshirt Group, Investor Relations
Lindsay Savarese
+1-212-331-8417

Cassidy Fuller
+1-415-217-4968


FAQ

How many new employees received equity grants from Applied Optoelectronics (AAOI) in July 2024?

Applied Optoelectronics (AAOI) granted equity awards to 3 new employees in July 2024.

What is the total number of shares granted in Applied Optoelectronics' (AAOI) July 2024 inducement awards?

Applied Optoelectronics (AAOI) granted inducement awards for 16,145 shares of common stock in July 2024.

What is the vesting period for the restricted stock units granted by Applied Optoelectronics (AAOI) in July 2024?

The restricted stock units granted by Applied Optoelectronics (AAOI) in July 2024 vest over a four-year period, subject to continued employment.

What is the purpose of Applied Optoelectronics' (AAOI) 2023 Equity Inducement Plan?

The 2023 Equity Inducement Plan is used exclusively for granting equity awards to new hires as an inducement to join Applied Optoelectronics (AAOI), in compliance with Nasdaq Listing Rule 5635(c)(4).

Applied Optoelectronics, Inc.

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Communication Equipment
Semiconductors & Related Devices
United States of America
SUGAR LAND