SEC Form 4 · accession 0001562180-17-002920
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
Sep 7, 2017
Accepted (ET)
Sep 8, 2017 · 5:39 pm EDT
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 | Sep 7, 2017 | M | 25,000 | $1.25 | A | 235,240 | I | Through the Burns Family Trust |
| Common Stock | Sep 7, 2017 | M | 48,788 | $1.925 | A | 284,028 | I | Through the Burns Family Trust |
| Common StockF2 | Sep 7, 2017 | S | 73,788 | $41.36 | D | 210,240 | 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)F3 | $1.25 | Sep 7, 2017 | M | 25,000 | D | — | Jan 29, 2018 | Common Stock | 25,000 | 67,000 | D |
| Stock Options (Right to buy)F4 | $1.925 | Sep 7, 2017 | M | 48,788 | D | — | Jan 26, 2020 | Common Stock | 48,788 | 120,640 | 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 $41.25 to $42.07. 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 option 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 the remainder vested equally for 36 months thereafter, such that the stock option vests in full on the four-year anniversary of the grant date.
- F4This option was granted on January 26, 2010, has a four-year vesting schedule in which 25% vested on the first year anniversary date of the grant and the remainder vested equally for 36 months thereafter, such that the stock option vests in full on the four-year anniversary of the grant date.