SEC Form 4 · accession 0001638599-17-000068
Inrad Optics, Inc. · INRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Foote
Officer — Chief Financial Officer
Period of report
Jan 18, 2017
Accepted (ET)
Jan 20, 2017 · 3:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000719494
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $0.57 | Jan 18, 2017 | A | 20,000 | A | Jan 18, 2018 | Jan 18, 2027 | common stock | 20,000 | 93,498 | D |
Explanation of responses
- F1Stock options vest at the rate of one-third per year, beginning on January 18, 2018, contingent on continued employment or service during the vesting period.