PRECISION OPTICS CORPORATION, INC. 4
4 · PRECISION OPTICS CORPORATION, INC. · Filed Jun 22, 2016
Insider Transaction Report
Form 4
Major Donald Andrew
Director
Transactions
- Award
Stock Option (Right to Buy)
2016-06-20+80,000→ 206,000 totalExercise: $0.50Exp: 2026-06-20→ Common Stock (80,000 underlying)
Footnotes (2)
- [F1]The options vest in three installments: 35,000 on September 20, 2016; 10,000 on June 20, 2017; 35,000 on June 20, 2018.
- [F2]The options were granted by the Issuer as a one-time grant to compensate Mr. Major for his acceptance of the position of Chief Financial Officer.