PRECISION OPTICS CORPORATION INC 4
4 · PRECISION OPTICS CORPORATION INC · Filed Oct 25, 2011
Insider Transaction Report
Form 4
PITLOR JOEL
Director10% Owner
Transactions
- Award
Common Stock
2011-10-21+61,818→ 195,395 total
Footnotes (3)
- [F1]The shares were issued as deferred compensation pursuant to the Company's 2011 Deferred Compensation Plan.
- [F2]One-eighth of the shares shall vest on January 1, 2012, and one-eighth each quarter thereafter on the first day of each quarter, commencing on April 1, 2012, until fully vested.
- [F3]The shares were issued in lieu of $170,000 of deferred compensation.