Chair of Alliance Fiber Optic Products just sold 116,000 shares

Peter C Chang, Chair of Alliance Fiber Optic Products, recently sold 116,000 shares of the company. The sales took place at prices ranging from $24.53 to $27.73 per share, on dates ranging from July 03 to July 05, 2013. Chang still owns 1,251,320 shares of the company. Chang operates out of Sunnyvale, CA.

The above information was disclosed in a filing to the SEC. Some additional info was provided as follows:

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 31, 2013. The total 1,251,320 shares of common stock included 200,000 shares restricted stock units ("RSUs") granted to Peter Chang on May 6, 2011, which RSUs vest in five equal annual installments beginning on May 1, 2012 and 60,000 shares RSUs granted to Peter Chang on April 19, 2013, which RSUs vest in three equal annual installments beginning on May 1, 2014. All RSUs vest in full in the event of change in control or in the event of termination of Peter Chang's service due to death or involuntary discharge.

To see this filing in its entirety, click here

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Other recent filings from the company include the following:

Alliance Fiber Optic Products's Acting CFO just disposed of 23,640 shares - April 23, 2014

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