Mercer Patrick 4
4 · IRIDEX CORP · Filed Jun 17, 2025
Insider Transaction Report
Form 4
IRIDEX CORPIRIX
Mercer Patrick
President and CEO
Transactions
- Award
Common Stock (right to buy)
2025-06-13+111,240→ 111,240 totalExercise: $1.40Exp: 2032-06-13→ Common Stock (111,240 underlying) - Award
Common Stock
2025-06-13$2.00/sh+33,370$66,740→ 420,100 total
Footnotes (3)
- [F1]Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs vest as to one-third of the shares on June 13, 2026 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.
- [F2]This option granted pursuant to IRIDEX Corporation's 2008 Amended and Restated Equity Incentive Plan and is exempt pursuant to Rule 16b-3.
- [F3]The shares are subject to vesting according to the following schedule: 1/3 of the Shares subject to the Option will vest each one-year anniversary of the date of grant.