Patrick Mercer - Nov 7, 2024 Form 4 Insider Report for IRIDEX CORP (IRIX)

Role
President and CEO
Signature
/s/ Nilo De Castro, Attorney-in-fact for Patrick Mercer
Stock symbol
IRIX
Transactions as of
Nov 7, 2024
Transactions value $
$0
Form type
4
Date filed
11/8/2024, 07:13 PM
Previous filing
Jul 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRIX Common Stock Award $0 +200K +103.5% $0.00 393K Nov 7, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 October 1, 2025 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.