BIOLASE, INC 4
4 · BIOLASE, INC · Filed Feb 8, 2017
Insider Transaction Report
Form 4
BIOLASE, INCBIOL
Flynn Harold C Jr.
DirectorPresident and CEO
Transactions
- Award
Restricted Stock Unit
2017-02-06+1,000,000→ 1,464,761 total→ Common Stock (1,000,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F2]The restricted stock units vest as follows: (i) one-quarter of the restricted stock units vest on the two-year anniversary of the award date, (ii) one-eighth of the restricted stock units vest on the three-year anniversary of the award date, (iii) one-eighth of the restricted stock units vest on the fourth-year anniversary of the award date, and (iv) one-half of the restricted stock units vest based upon specific performance criteria, subject to the Reporting Person's continued service with the Company through the applicable vesting dates.