David Bruce - 27 Oct 2022 Form 4 Insider Report for IRIDEX CORP (IRIX)

Reporting relationship: President and CEO, Director
Issuer ticker: IRIX
Reported as of: 27 Oct 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 31 Oct 2022, 19:26:18 UTC
Prior SEC filing: 05 Jul 2022
Next SEC filing: 30 May 2024
Source filing: View source filing
Reporting owner signature: /s/ Nilo De Castro, Attorney-in-Fact for David I. Bruce

Key filing fact

David Bruce filed Form 4 for IRIDEX CORP (IRIX) on 31 Oct 2022.

Key facts

This page summarizes David Bruce's Form 4 filing for IRIDEX CORP (IRIX).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 31 Oct 2022, 19:26.

Change

Previous filing in this sequence was filed on 05 Jul 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

IRIX transaction

Common Stock

Award

Transaction value: $0
Shares: +59,730
Change %: +64%
Price: $0.000000
Shares after: 153,118
Date: 27 Oct 2022
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

IRIX transaction Derivative

Stock Option (Right to buy)

Award

Transaction value: $0
Shares: +121,270
Change %
Price: $0.000000
Shares after: 121,270
Date: 27 Oct 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 121,270
Exercise price: $2.28
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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 June 30, 2023 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.

Footnote F2

The option vests as to one-third of the shares on June 30, 2023 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.