PRECISION OPTICS CORPORATION, INC. 4
4 · PRECISION OPTICS CORPORATION, INC. · Filed Dec 1, 2016
Insider Transaction Report
Form 4
Miles Richard B
Director
Transactions
- Other
Warrants
2016-11-29+2,235→ 77,835 totalExercise: $0.97From: 2012-09-28Exp: 2017-09-28→ Common Stock (2,235 underlying)
Footnotes (1)
- [F1]On November 22, 2016, the issuer sold 1,333,334 units consisting of shares of common stock and warrants in a private placement. Mr. Miles purchased 7,779 warrants in a private placement on September 28, 2012 with an original exercise price of $1.25 per share. The new warrants were issued as a result of the November 2016 private placement triggering certain anti-dilution provisions in these original warrants. In connection therewith, the exercise price of the September 2012 warrants decreased to $0.97 per share accordingly.