BOUTACOFF THEODORE A 4
4 · IRIDEX CORP · Filed Nov 13, 2003
Insider Transaction Report
Form 4
IRIDEX CORPIRIX
BOUTACOFF THEODORE A
DirectorPresident, CEO and Chairman
Transactions
- Award
Incentive Stock Option (Right to Buy)*(1)
2003-11-11+60,000→ 60,000 totalExercise: $5.39From: 2007-11-11Exp: 2003-11-11→ Common Stock (60,000 underlying)
Footnotes (2)
- [F1]*(1) This option was granted pursuant to IRIDEX Corporation's incentive stock option plan and is exempt pursuant to Rule 16b-3.
- [F2]*(2) The shares are subject to vesting according to the following schedule: 100% of shares to vest on fourth anniversary of grant; provided, however, 100% of the shares to vest upon the Company's earlier achievement of 10% or greater net income before taxes for the full 2005 fiscal year.