SEC Form 4 · accession 0001181431-15-005647
STAAR SURGICAL CO · STAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Samuel J Gesten
Officer — VP, General Counsel
Period of report
Apr 6, 2015
Accepted (ET)
Apr 7, 2015 · 4:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000718937
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Apr 6, 2015 | S | 3,223 | $7.1407 | D | 22,485 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.140 to $7.145 inclusive.
- F2Includes 7,500 Performance Accelerated Restricted Shares of Common Stock (PARS), subject to forfeiture rights, which lapse on March 4, 2016. Also includes 5,500 Restricted Shares of Common Stock (RSU), subject to forfeiture rights, which lapse as to half of the shares (2750 shares) on March 7, 2016 and lapse as to the other half of the shares (2750 shares) on March 7, 2017.
Remarks
This Form 4 reflects the sale by Mr. Gesten of currently held Common Stock of the Company pursuant to 'sell to cover' instructions contained in a pre-established Rule 10b5-1 plan.