SEC Form 4 · accession 0001562180-16-003824
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
Dec 14, 2016
Accepted (ET)
Dec 16, 2016 · 4:17 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 StockF1 | Dec 14, 2016 | M | 8,000 | $1.25 | A | 299,388 | I | Through the Burns Family Trust |
| 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)F2 | $1.25 | Dec 14, 2016 | M | 8,000 | D | — | Jan 29, 2018 | Common Stock | 8,000 | 92,000 | D |
Explanation of responses
- F1The amount now includes 1,388 shares that were previously reported as held directly by the reporting person, which were subsequently transferred to the Burns Family Trust.
- F2This option, which was granted on January 29, 2008, has a four-year vesting schedule in which 25% vested on the first year anniversary date of the grant and then vested equally for 36 months thereafter, such that the stock option was vested in full on the four-year anniversary of the grant date