SEC Form 4 · accession 0001209191-16-129771
STAAR SURGICAL CO · STAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William P Wall
Director
Period of report
Jun 24, 2016
Accepted (ET)
Jun 27, 2016 · 6:53 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 | Jun 24, 2016 | A | 5,126 | $0.00 | A | 9,439 | 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 | $5.54 | Jun 24, 2016 | A | 10,000 | A | Jun 24, 2017 | Jun 23, 2026 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Includes restricted shares of common stock awarded on his election to the Board of Directors, which vest in full on June 24, 2017, 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 June 24, 2017.
Remarks
On June 24, 2016, STAAR Surgical Company granted Mr. Wall, a non-employee director, 10,000 options to purchase common stock and 5,126 restricted shares of the Company's common stock on his election to the Board of Directors.