Bruce David 4
4 · IRIDEX CORP · Filed Sep 8, 2020
Insider Transaction Report
Form 4
IRIDEX CORPIRIX
Bruce David
Director
Transactions
- Award
Stock Option (Right to buy)
2020-09-03+129,000→ 129,000 totalExercise: $2.13Exp: 2027-09-03→ Common Stock (129,000 underlying) - Award
Common Stock
2020-09-03+28,000→ 74,979 total
Footnotes (3)
- [F1]Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs vest as to one-third of the shares on June 30, 2021 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.
- [F2]This option granted pursuant to IRIDEX Corporation's 2008 Amended and Restated Equity Incentive Plan and is exempt pursuant to Rule16b-3.
- [F3]The option vests as to one-third of the shares on June 30, 2021 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.