Form 4 for GKOS GLAUKOS Corp
Accepted 2022-03-28 00:00:00 ET · period of report 2022-03-24 · accession 0001104659-22-038987 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-28 | 2022-03-24 | GKOS | Burns Thomas William | CEO, Dir | F - Tax | $55.18 | -1,975 | 670.8K | -0.3% | -$109.0K |
| DM | 2022-03-28 | 2022-03-24 | GKOS | Burns Thomas William | CEO, Dir | A - Grant | $0.00 | +42.4K | 651.5K | +7% | $0 |
| DM | 2022-03-28 | 2022-03-24 | GKOS | Burns Thomas William | CEO, Dir | A - Grant | $0.00 | +55.4K | 28.5K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-24 | F | D | 1,975 | $55.18 | 670,789 | D | — | — | (F7) Consists of shares withheld by the Issuer with respect to tax withholding obligations of the Reporting Person upon vesting and delivery of shares of common stock underlying restricted stock units previously granted by the Issuer on March 12, 2020. (F6) Includes 89,021 restricted stock units that have not yet vested or been delivered to the Reporting Person. |
| 2 | Common | Common Stock | 2022-03-24 | A | A | 21,294 | $0.00 | 672,764 | D | — | — | (F5) Granted by the Issuer in the form of restricted stock units which vest over a four-year period, with 25% to vest on each anniversary of the grant date. (F6) Includes 89,021 restricted stock units that have not yet vested or been delivered to the Reporting Person. |
| 3 | Common | Common Stock | 2022-03-24 | A | A | 5,709 | $0.00 | 636,052 | D | — | — | (F1) Represents shares of common stock underlying a portion of an award of restricted stock units previously granted by the Issuer on March 12, 2020, the vesting of which was subject to the Issuer's achievement of certain multi-year performance goals. The Compensation Committee of the Issuer's Board of Directors (the "Compensation Committee") determined on March 24, 2022 the level of achievement for the second year of the multi-year performance period. The Reporting Person elected to receive 50% of this performance grant in the form of restricted stock units and 50% in the form of an option to purchase shares of common stock. The number of shares of common stock reported herein consists of the portion of the award that vested based upon the achievement with respect to 50% of the second-year performance goal. (F2) Includes 52,309 restricted stock units that have not yet vested or been delivered to the Reporting Person. |
| 4 | Common | Common Stock | 2022-03-24 | A | A | 15,418 | $0.00 | 651,470 | D | — | — | (F3) Represents shares of common stock underlying a portion of an award of restricted stock units previously granted by the Issuer on March 18, 2021, the vesting of which was subject to the Issuer's achievement of certain multi-year performance goals. The Compensation Committee determined on March 24, 2022 the level of achievement for the first year of the multi-year performance period. The Reporting Person elected to receive this performance grant in the form of restricted stock units. The number of shares reported herein consists of the portion of the award that was deemed earned based upon the achievement with respect to the first-year performance goal. 50% of the number of shares of common stock reported herein will vest and be delivered on April 6, 2022 and the remaining 50% will vest and be delivered on January 6, 2023. (F4) Includes 67,727 restricted stock units that have not yet vested or been delivered to the Reporting Person. |
| 5 | Derivative | Stock Option (Right to Buy) | 2022-03-24 | A | A | 42,993 | $0.00 | 42,993 | D | $55.18 · — to 2032-03-24 | 42,993 Common Stock | (F9) These options vest over four years from the grant date, with 25% vesting on the first anniversary of the grant date and the remaining amount vesting in equal monthly installments over the following three years. |
| 6 | Derivative | Stock Option (Right to Buy) | 2022-03-24 | A | A | 12,381 | $0.00 | 28,455 | D | $39.10 · 2022-04-01 to 2030-03-12 | 12,381 Common Stock | (F8) Represents a portion of an option to purchase shares of common stock previously granted by the Issuer on March 12, 2020, the vesting of which was subject to the Issuer's achievement of certain multi-year performance goals. The Compensation Committee determined on March 18, 2021 the level of achievement for the second year of the multi-year performance period. The Reporting Person elected to receive 50% of this performance grant in the form of restricted stock units and 50% in the form of an option to purchase shares of common stock. The number of shares of common stock subject to the stock option reported herein consists of the portion of the shares subject to the stock option that vested with respect to 50% of the second-year performance goal. |