SEC Form 4 · accession 0001261380-15-000060
IRIDEX CORP · IRIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald Steckel
Officer — VP, Operations
Period of report
Sep 2, 2015
Accepted (ET)
Sep 3, 2015 · 6:10 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 | Sep 2, 2015 | M | 1,875 | $3.856 | A | 30,750 | D | |
| Common Stock | Sep 2, 2015 | S | 1,875 | $6.80 | D | 28,875 | 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 | $3.856 | Sep 2, 2015 | M | 1,875 | D | Feb 1, 2013 | Jan 1, 2017 | Common Stock | 1,875 | 10,000 | 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 are subject to vesting according to the following schedule: 1/48th of the total number of shares vest each month.