Form 4 for IRIX IRIDEX CORP
Accepted 2021-08-09 00:00:00 ET · period of report 2021-08-05 · accession 0001209191-21-050499 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-08-09 | 2021-08-05 | IRIX | Mercer Patrick | COO | A - Grant | $0.00 | +32.7K | 63.3K | +107% | $0 |
| D | 2021-08-09 | 2021-08-05 | IRIX | Mercer Patrick | COO | F - Tax | $6.58 | -5,256 | 58.0K | -8% | -$34.6K |
| D | 2021-08-09 | 2021-08-05 | IRIX | Mercer Patrick | COO | A - Grant | $0.00 | +35.5K | 35.5K | 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 | 2021-08-05 | A | A | 17,490 | $0.00 | 48,071 | D | — | — | (F1) Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs vest as to one-third of the shares on July 4, 2022 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date. |
| 2 | Common | Common Stock | 2021-08-05 | F | D | 5,256 | $6.58 | 58,015 | D | — | — | (F3) These shares have been withheld in an exempt disposition to the Issuer under Rule 16b-3(e), to satisfy the Issuer's income tax withholding and remittance obligations in connection with the net settlement of performance stock units and does not represent a sale by the Reporting Person. |
| 3 | Common | Common Stock | 2021-08-05 | A | A | 15,200 | $0.00 | 63,271 | D | — | — | (F2) 15,200 performance share units granted to the Reporting Person on October 22, 2019, and modified on August 5, 2021 were released upon the achievement of performance criteria. |
| 4 | Derivative | Employee Stock Option (right to buy) | 2021-08-05 | A | A | 35,510 | $0.00 | 35,510 | D | $6.58 · — to 2028-08-05 | 35,510 Common Stock | (F4) The option vests as to one-third of the shares on July 4, 2022 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date. |