Steven Sandor - Aug 10, 2022 Form 4 Insider Report for BIOLASE, INC (BIOL)

Role
Chief Operating Officer
Signature
/s/ Michael C. Carroll, attorney-in-fact for Steven Sandor
Stock symbol
BIOL
Transactions as of
Aug 10, 2022
Transactions value $
$0
Form type
4
Date filed
8/12/2022, 04:47 PM
Previous filing
Jul 14, 2022
Next filing
Jun 6, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BIOL Restricted Stock Unit Award $0 +15K +155.54% $0.00 24.6K Aug 10, 2022 Common Stock 15K Direct F1, F2
transaction BIOL Restricted Stock Unit Award $0 +4.62K +18.75% $0.00 29.3K Aug 10, 2022 Common Stock 4.62K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 At the option of the Company, each restricted stock unit represents the right to receive, at settlement, one share of common stock, or its cash equivalent.
F2 The restricted stock unit award vests as follows: (i) one-half of the restricted stock units shall vest on the twelve-month anniversary of date of grant, and (ii) one-half of the restricted stock units shall vest on the twenty-fourth month anniversary of the date of grant, subject to the Reporting Person's continued service with the Company.
F3 The restricted stock unit award vests on August 14, 2022, subject to the Reporting Person's continued service with the Company.