SEC Form 4 · accession 0001209191-16-088432
STAAR SURGICAL CO · STAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen C Farrell
Director
Period of report
Jan 1, 2016
Accepted (ET)
Jan 5, 2016 · 3:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000718937
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock OptionsF1 | $7.14 | Jan 1, 2016 | A | 10,328 | A | Jul 8, 2016 | Dec 31, 2025 | Common Stock | 10,328 | 10,328 | D |
Explanation of responses
- F1The 10,328 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 January 1, 2016, the Board of Directors elected Mr. Farrell to serve as a member of the Board and granted him, as a non-employee director, 10,328 options to purchase common stock, which represents a pro-rated amount of the standard director equity compensation for a director serving during the 2015-2016 term.