IRIDEX CORP 4
4 · IRIDEX CORP · Filed Jun 8, 2016
Insider Transaction Report
Form 4
IRIDEX CORPIRIX
Steckel Ronald
VP, Operations
Transactions
- Exercise/Conversion
Common Stock
2016-06-06$3.86/sh+625$2,410→ 66,250 total - Sale
Common Stock
2016-06-06$13.52/sh−625$8,448→ 65,625 total - Exercise/Conversion
Stock Option Right to Buy
2016-06-06−625→ 4,375 totalExercise: $3.86From: 2013-02-01Exp: 2019-12-13→ Common Stock (625 underlying)
Footnotes (3)
- [F1]The sales price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold, ranging from $13.5 to $13.54 per share. Upon request by the Commission staff, the Issuer, or a security holder of Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- [F2]This option was granted pursuant to IRIDEX Corporation's 2008 Equity Incentive Plan and is exempt to Rule 16b-3.
- [F3]The shares are subject to vesting according to the following schedule: 1/48th of the total number of shares vest each month.