Form 4 for GKOS GLAUKOS Corp
Accepted 2023-03-24 00:00:00 ET · period of report 2023-03-22 · accession 0001415889-23-005408 · 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 | 2023-03-24 | 2023-03-22 | GKOS | Thurman Alex R. | SVP, CFO | A - Grant | $0.00 | +16.4K | 50.1K | +49% | $0 |
| DM | 2023-03-24 | 2023-03-22 | GKOS | Thurman Alex R. | SVP, CFO | A - Grant | $0.00 | +26.0K | 19.6K | 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 | 2023-03-22 | A | A | 11,006 | $0.00 | 61,115 | D | — | — | (F3) 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. (F4) Includes 40,826 restricted stock units that have not yet vested or been delivered to the Reporting Person. |
| 2 | Common | Common Stock | 2023-03-22 | A | A | 5,406 | $0.00 | 50,109 | D | — | — | (F1) Consists of restricted stock units previously granted by the Issuer on April 1, 2022 pursuant to the Reporting Person's election to receive his annual bonus for 2022 in the form of restricted stock units rather than cash (the "Bonus Election"). The Compensation, Nominating & Governance Committee determined on March 22, 2023 the annual bonus payable to the Reporting Person pursuant to the Issuer's 2022 executive bonus plan and the number of restricted stock units earned by the Reporting Person in accordance with the Bonus Election, subject to continued employment through the vesting date. The restricted stock units will vest on April 3, 2023. (F2) Includes 527 shares of common stock previously purchased by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan. Also includes 29,820 restricted stock units that have not yet vested or been delivered to the Reporting Person. |
| 3 | Derivative | Stock Option (Right to Buy) | 2023-03-22 | A | A | 6,403 | $0.00 | 6,403 | D | $55.18 · — to 2033-03-22 | 6,403 Common Stock | (F6) Represents a portion of an option to purchase shares of common stock previously granted by the Issuer on March 24, 2022, the vesting of which was subject to the Issuer's achievement of certain pre-determined operational targets over a multi-year performance period. The Compensation, Nominating & Governance Committee determined on March 22, 2023 that certain of the operational targets had been achieved. The number of shares of common stock subject to the stock option as reported herein consists of the portion of the award that was earned based upon the achievement of the operational targets. (F7) 50% of the portion of the option reported herein will vest and become exercisable in April 2023, and the remaining 50% will vest and become exercisable in January 2024. |
| 4 | Derivative | Stock Option (Right to Buy) | 2023-03-22 | A | A | 19,601 | $0.00 | 19,601 | D | $48.46 · — to 2033-03-22 | 19,601 Common Stock | (F5) 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. |