SEC Form 4 · accession 0001261380-17-000006
IRIDEX CORP · IRIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Romeo R Dizon
Other
Period of report
Mar 7, 2017
Accepted (ET)
Apr 13, 2017 · 8:03 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 StockF1 | Mar 7, 2017 | A | 8,000 | $0.00 | A | 25,289 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The performance-based restricted stock unit award is subject to vesting over a four year performance period covering the Company's fiscal years 2017 through 2020, subject to the resporting person continuing to be a service provider through the vesting date. The awards become eligible to vest based on a specified level of the Company's stock price and the reporting person has the ability to earn up to 100% of the shares underlying the award based on achievement of the performance criteria.