SEC Form 4 · accession 0001209191-15-069264
STAAR SURGICAL CO · STAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
William P Wall
Director
Period of report
Sep 2, 2015
Accepted (ET)
Sep 2, 2015 · 9:26 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 | Sep 2, 2015 | A | 4,313 | $0.00 | A | 4,313 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock OptionsF2 | $7.60 | Sep 2, 2015 | A | 10,000 | A | Jul 8, 2016 | Jul 7, 2025 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Restricted shares vesting in full on July 8, 2016, with vesting generally to accelerate in the event the grantee's service as director ends prior to that date.
- F2These 10,000 stock options vest in full on July 8, 2016, with vesting generally to accelerate in the event the grantee's service as director ends prior to that date.
Remarks
Effective September 2, 2015, the Board of Directors elected Mr. Wall to serve as a member of the Board and granted him, as a non-employee director, 10,000 options to purchase common stock and 4,313 restricted shares of common stock, which represents a pro-rated amount of the standard director equity compensation for a director serving during the 2015-2016 term.