Applied Optoelectronics Announces Equity Grants To Employees Under Inducement Plan
Applied Optoelectronics (NASDAQ: AAOI), a provider of fiber-optic access network products, has announced the granting of inducement awards to 4 new employees. The Compensation Committee of its Board of Directors approved awards totaling 6,812 shares of common stock on February 21, 2025.
These awards, granted under the company's 2023 Equity Inducement Plan, consist of restricted stock units that will vest over a four-year period, contingent on continued employment. The plan is specifically designed for new hires who were not previously employed by Applied Optoelectronics, in accordance with Nasdaq Listing Rule 5635(c)(4).
Applied Optoelectronics (NASDAQ: AAOI), fornitore di prodotti per reti di accesso in fibra ottica, ha annunciato l'assegnazione di premi di incentivazione a 4 nuovi dipendenti. Il Comitato per la Compensazione del Consiglio di Amministrazione ha approvato premi per un totale di 6.812 azioni ordinarie il 21 febbraio 2025.
Questi premi, concessi nell'ambito del Piano di Incentivazione Azionaria 2023 dell'azienda, consistono in unità di azioni vincolate che si matureranno nel corso di un periodo di quattro anni, a condizione di un impiego continuativo. Il piano è specificamente progettato per i nuovi assunti che non erano precedentemente impiegati da Applied Optoelectronics, in conformità con la Regola di Quotazione Nasdaq 5635(c)(4).
Applied Optoelectronics (NASDAQ: AAOI), proveedor de productos para redes de acceso de fibra óptica, ha anunciado la concesión de premios de incentivo a 4 nuevos empleados. El Comité de Compensación de su Junta Directiva aprobó premios por un total de 6,812 acciones ordinarias el 21 de febrero de 2025.
Estos premios, otorgados bajo el Plan de Incentivo de Capital 2023 de la empresa, consisten en unidades de acciones restringidas que se consolidarán durante un período de cuatro años, condicionadas a la continuidad del empleo. El plan está diseñado específicamente para nuevos empleados que no habían sido contratados previamente por Applied Optoelectronics, de acuerdo con la Regla de Cotización Nasdaq 5635(c)(4).
Applied Optoelectronics (NASDAQ: AAOI)는 광섬유 접근 네트워크 제품을 제공하는 회사로, 4명의 신규 직원에게 유인 보상을 부여한다고 발표했습니다. 이사회 보상 위원회는 2025년 2월 21일에 총 6,812주의 보통주에 대한 보상을 승인했습니다.
이 보상은 회사의 2023년 주식 유인 계획에 따라 부여되며, 제한된 주식 단위로 구성되어 있으며, 4년 동안의 기간에 걸쳐 계속 고용될 경우에만 권리가 발생합니다. 이 계획은 Applied Optoelectronics에서 이전에 고용되지 않았던 신규 채용자를 위해 특별히 설계되었습니다. 이는 Nasdaq 상장 규칙 5635(c)(4)에 따라 시행됩니다.
Applied Optoelectronics (NASDAQ: AAOI), fournisseur de produits pour réseaux d'accès en fibre optique, a annoncé l'octroi de récompenses d'incitation à 4 nouveaux employés. Le Comité de Rémunération de son Conseil d'Administration a approuvé des récompenses totalisant 6,812 actions ordinaires le 21 février 2025.
Ces récompenses, accordées dans le cadre du Plan d'Incitation au Capital 2023 de l'entreprise, consistent en des unités d'actions restreintes qui acquerront des droits sur une période de quatre ans, sous réserve d'un emploi continu. Le plan est spécifiquement conçu pour les nouvelles recrues qui n'étaient pas précédemment employées par Applied Optoelectronics, conformément à la Règle de Cotation Nasdaq 5635(c)(4).
Applied Optoelectronics (NASDAQ: AAOI), ein Anbieter von Produkten für Glasfaserzugangsnetze, hat die Vergabe von Anreizprämien an 4 neue Mitarbeiter bekannt gegeben. Der Vergütungsausschuss des Vorstands genehmigte am 21. Februar 2025 Prämien in Höhe von insgesamt 6.812 Aktien des Stammkapitals.
Diese Prämien, die im Rahmen des Unternehmensplans für Aktienanreize 2023 gewährt werden, bestehen aus eingeschränkten Aktieneinheiten, die über einen Zeitraum von vier Jahren fällig werden, vorausgesetzt, dass die Beschäftigung weiterhin besteht. Der Plan ist speziell für neue Mitarbeiter konzipiert, die zuvor nicht bei Applied Optoelectronics beschäftigt waren, gemäß der Nasdaq-Listing-Regel 5635(c)(4).
- Implementation of employee retention strategy through equity-based compensation
- Expansion of workforce with 4 new employees
- Potential dilution of existing shareholders through new share issuance
SUGAR LAND, Texas, Feb. 21, 2025 (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 6,812 shares of common stock to 4 new employees, with a grant date of February 21, 2025, pursuant to the Applied Optoelectronics, Inc. 2023 Equity Inducement Plan (the “Inducement Plan”).
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’ 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’s 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 www.ao-inc.com.
Investor Relations Contacts:
The Blueshirt Group, Investor Relations
Lindsay Savarese
+1-212-331-8417
ir@ao-inc.com
Cassidy Fuller
+1-415-217-4968
ir@ao-inc.com
FAQ
How many shares were granted in AAOI's February 2025 inducement awards?
What is the vesting schedule for AAOI's February 2025 inducement awards?
How many new employees received AAOI's February 2025 inducement awards?
What is the purpose of AAOI's 2023 Equity Inducement Plan?
