Forkey Joseph Norman 4
4 · PRECISION OPTICS CORPORATION, INC. · Filed Mar 3, 2022
Insider Transaction Report
Form 4
Forkey Joseph Norman
DirectorChief Executive Officer
Transactions
- Gift
Stock Option (Right to Buy)
2022-03-01−120,000→ 530,000 totalExercise: $1.20From: 2014-07-01Exp: 2022-03-02→ Common Stock (120,000 underlying) - Exercise/Conversion
Common Stock
2022-03-02$1.20/sh+30,000$36,000→ 363,620 total - Tax Payment
Common Stock
2022-03-02$2.25/sh−16,000$36,000→ 347,620 total - Exercise/Conversion
Stock Option (Right to Buy)
2022-03-02−30,000→ 500,000 totalExercise: $1.20From: 2014-07-01Exp: 2022-03-02→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]Reflects 16,000 shares withheld by Issuer at the market price of $2.25 per share to fund the cashless exercise of 30,000 options at an exercise price of $1.20 per share.
- [F2]The options were granted by the Issuer to compensate executive officers for their services.