Form 4 for IRIX IRIDEX CORP
Accepted 2024-05-24 00:00:00 ET · period of report 2023-06-30 · accession 0001209191-24-005736 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-05-24 | 2023-06-30+ | IRIX | Mercer Patrick | Pres, COO | F - Tax | $2.16 | -7,843 | 81.5K | -9% | -$17.0K |
| 2024-05-24 | 2024-05-22 | IRIX | Mercer Patrick | Pres, COO | A - Grant | $0.00 | +120.0K | 199.4K | +151% | $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 | 2023-07-04 | F | D | 2,015 | $2.14 | 79,440 | D | — | — | (F1) 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 restricted stock units and does not represent a sale by the Reporting Person. |
| 2 | Common | Coomon Stock | 2024-05-22 | A | A | 120,000 | $0.00 | 199,440 | D | — | — | (F2) 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 May 22, 2025 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date. |
| 3 | Common | Common Stock | 2023-06-30 | F | D | 5,828 | $2.17 | 81,455 | D | — | — | (F1) 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 restricted stock units and does not represent a sale by the Reporting Person. |