PITLOR JOEL 4
4 · PRECISION OPTICS Corp INC · Filed Mar 6, 2012
Insider Transaction Report
Form 4
PITLOR JOEL
Director10% Owner
Transactions
- Award
Stock Option (Right to Buy)
2012-03-02+7,600→ 69,303 totalExercise: $1.20From: 2012-03-02Exp: 2022-03-02→ Common Stock (7,600 underlying) - Other
Stock Option (Right to Buy)
2012-03-02−7,600→ 62,303 totalExercise: $0.55From: 2012-02-09Exp: 2022-02-09→ Common Stock (7,600 underlying)
Footnotes (2)
- [F1]Each of the Directors and Officers to whom options were granted on February 9, 2012 agreed to cancel the options granted and accept an equal number of replacement options granted on March 2, 2012, with an exercise price of $1.20.
- [F2]The option was granted by Company to compensate non-employee directors for their prior service on the Board of Directors.