SEC Form 4 · accession 0001562180-16-003509
GLAUKOS Corp · GKOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas William Burns
Officer — Chief Executive Officer · Director
Period of report
Nov 14, 2016
Accepted (ET)
Nov 15, 2016 · 4:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001192448
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 14, 2016 | M | 170,640 | $1.65 | A | 470,640 | I | Through the Burns Family Trust |
| Common Stock | Nov 14, 2016 | M | 19,480 | $1.925 | A | 490,120 | I | Through the Burns Family Trust |
| Common StockF2 | Nov 14, 2016 | S | 186,515 | $33.65 | D | 303,605 | I | Through the Burns Family Trust |
| Common StockF3 | Nov 14, 2016 | S | 3,605 | $34.21 | D | 300,000 | I | Through the Burns Family Trust |
| Common StockF4 | Nov 15, 2016 | S | 10,000 | $34.03 | D | 290,000 | I | Through the Burns Family Trust |
| Common Stock | holding | — | — | — | 1,388 | D | ||
| Common Stock | holding | — | — | — | 238,107 | I | Through the Burns Annuity Trust | |
| Common Stock | holding | — | — | — | 120,000 | I | Through the Burns Charitable Remainder Trust | |
| Common Stock | holding | — | — | — | 100,000 | I | Through the Janet M. Burns Irrevocable Trust | |
| Common Stock | holding | — | — | — | 100,000 | I | Through the Thomas W. Burns Irrevocable Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to buy)F5 | $1.65 | Nov 14, 2016 | M | 170,640 | D | — | Oct 21, 2018 | Common Stock | 170,640 | 0 | D |
| Stock Options (Right to buy)F5 | $1.925 | Nov 14, 2016 | M | 19,480 | D | — | Apr 14, 2019 | Common Stock | 19,480 | 0 | D |
Explanation of responses
- F1These trades were made pursuant to a Rule 10b5-1 trading plan with pre-determined share amounts and prices.
- F2This transaction was executed in multiple trades at prices ranging from $33.14 to $34.13. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3This transaction was executed in multiple trades at prices ranging from $34.15 to $34.26. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4This transaction was executed in multiple trades at prices ranging from $34.00 to $34.17. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F5This option has a four-year vesting schedule in which 25% will vest on the first year anniversary date of the grant and then will vest equally for 36 months thereafter, such that the stock opotion is vested in full on the four-year anniversary of the grant date