MCLAUGHLIN JOHN PETER 4
4 · LENSAR, Inc. · Filed May 27, 2022
Insider Transaction Report
Form 4
LENSAR, Inc.LNSR
MCLAUGHLIN JOHN PETER
Director
Transactions
- Award
Common Stock
2022-05-25+4,285→ 44,343 total - Award
Stock Option (Right to Buy)
2022-05-25+15,616→ 15,616 totalExercise: $7.00Exp: 2032-05-25→ Common Stock (15,616 underlying)
Footnotes (3)
- [F1]Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of LENSAR, Inc. common stock. The RSUs vest in full on May 25, 2023, subject to the Reporting Person's continued service to the Issuer through the vesting date. The RSUs were granted in accordance with the Issuer's non-employee director compensation program as a component of the Reporting Person's annual compensation for service to the Issuer
- [F2]Includes 40,058 shares of the Issuer's common stock received by the Reporting Person in connection with the October 1, 2020 spin-off (the "Spin-Off Date") of the Issuer from PDL BioPharma, Inc. ("PDL") on account of his ownership of shares of PDL common stock.
- [F3]The option vests in twelve (12) substantially equal monthly installments commencing June 25, 2022, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date. The option was granted in accordance with the Issuer's non-employee director compensation program as a component of the Reporting Person's annual compensation for service to the Issuer.