SEC Form 4 · accession 0001261380-15-000047
IRIDEX CORP · IRIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald Steckel
Officer — VP, Operations
Period of report
Aug 12, 2015
Accepted (ET)
Aug 14, 2015 · 7:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001006045
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 12, 2015 | S | 58 | $7.00 | D | 29,942 | D | |
| Common Stock | Aug 13, 2015 | M | 400 | $3.99 | A | 30,342 | D | |
| Common Stock | Aug 13, 2015 | S | 400 | $7.00 | D | 29,942 | D | |
| Common Stock | Aug 14, 2015 | S | 1,000 | $7.00 | D | 28,942 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option Right to BuyF1,F2 | $3.99 | Aug 13, 2015 | M | 400 | D | Apr 16, 2003 | Apr 16, 2016 | Common Stock | 400 | 10,017 | D |
Explanation of responses
- F1This option was granted pursuant to IRIDEX Corporation's 2008 Equity Incentive Plan and is exempt to Rule 16b-3.
- F2The shares shall vest as follows: 12/48ths of the shares shall vest 12 months after the Vesting Commencement Date and 1/48th of the shares shall vest each month thereafter.