4//SEC Filing
Dugel Pravin 4
Accession 0001104659-25-013156
CIK 0001393434other
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 8:38 PM ET
Size
8.2 KB
Accession
0001104659-25-013156
Insider Transaction Report
Form 4
Dugel Pravin
DirectorSee Remarks
Transactions
- Award
Common Stock
2025-02-11+1,250,000→ 2,041,793 total - Award
Common Stock
2025-02-11+1,500,000→ 3,541,793 total
Footnotes (3)
- [F1]On February 11, 2025 (the "Grant Date"), the reporting person was granted restricted stock units ("RSUs") under the 2021 Stock Incentive Plan, as amended (the "2021 Plan"), of Ocular Therapeutix, Inc. (the "Corporation"). Each RSU represents a right to receive one share of the Corporation's common stock. Subject to the reporting person's continued service to the Corporation, the RSUs will vest over three years, with 1/3 of the shares underlying the RSUs vesting on the one-year anniversary of the Grant Date and an additional 1/3 of the shares underlying the RSUs vesting at the end of each successive one-year period thereafter.
- [F2]On the Grant Date, the reporting person was granted performance stock units ("PSUs") under the 2021 Plan and in accordance with a PSU award agreement (the "PSU Award Agreement").
- [F3]Each PSU represents a right to receive one share of the Corporation's common stock. Pursuant to the PSU Award Agreement, the shares underlying the PSUs can be earned during the five-year period beginning on the Grant Date in four equal tranches based on the achievement of share price hurdles if the Company's consecutive 60-day closing share price average meets or exceeds $15.00, $20.00, $25.00, and $30.00 per share (each, a "Share Price Hurdle"). Shares underlying the PSUs that are earned shall vest on the later of (i) the achievement of the applicable Share Price Hurdle or (ii) the three-year anniversary of the Grant Date, in each case subject to the reporting person's continued service to the Corporation. The PSUs are subject to earlier vesting upon certain qualifying termination events pursuant to the PSU Award Agreement.
Documents
Issuer
OCULAR THERAPEUTIX, INC
CIK 0001393434
Entity typeother
Related Parties
1- filerCIK 0001700917
Filing Metadata
- Form type
- 4
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 8:38 PM ET
- Size
- 8.2 KB