SEC Form 4 · accession 0001019687-16-006758
PRECISION OPTICS CORPORATION, INC. · POCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack P Dreimiller
Officer — (Former) CFO
Period of report
Jun 20, 2016
Accepted (ET)
Jun 22, 2016 · 7:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000867840
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2,F1 | $0.50 | Jun 20, 2016 | A | 20,000 | A | — | Jun 20, 2021 | Common Stock | 20,000 | 35,000 | D |
Explanation of responses
- F1The options shall vest in their entirety upon the timely filing of the Issuer's Annual Report on Form 10-K for the fiscal year 2016.
- F2The options were issued as a one-time grant in connection with Mr. Dreimiller's assistance in helping the Issuer transition to a new Chief Financial Officer.