Major Donald Andrew 4
4 · PRECISION OPTICS Corp INC · Filed Feb 10, 2012
Insider Transaction Report
Form 4
Major Donald Andrew
Director
Transactions
- Award
Stock Option (Right to Buy)
2012-02-09+20,000→ 22,400 totalExercise: $0.55From: 2012-04-01Exp: 2022-04-01→ Common Stock (20,000 underlying) - Award
Stock Option (Right to Buy)
2012-02-09+7,600→ 30,000 totalExercise: $0.55From: 2012-02-09Exp: 2022-02-09→ Common Stock (7,600 underlying)
Footnotes (3)
- [F1]The options vest 25%, or 5,000 shares, on the first day of each quarter, beginning on April 1, 2012 until all shares are fully vested.
- [F2]The options were issued as compensation for services provided to the Company.
- [F3]The options were granted by the Company to compensate non-employee directors for their prior service on the Board of Directors.