Samuel J. Gesten - Mar 10, 2023 Form 4 Insider Report for STAAR SURGICAL CO (STAA)

Role
Chief Legal Officer
Signature
/s/ Samuel J. Gesten
Stock symbol
STAA
Transactions as of
Mar 10, 2023
Transactions value $
-$15,856
Form type
4
Date filed
3/10/2023, 08:37 PM
Previous filing
Mar 8, 2023
Next filing
Mar 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STAA Common Stock Tax liability -$15.9K -280 -0.82% $56.63 33.7K Mar 10, 2023 Direct
transaction STAA Common Stock Options Exercise $0 +9.53K +28.29% $0.00 43.2K Mar 10, 2023 Direct F1

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 STAA Common Stock Options Options Exercise $0 +17.4K $0.00 17.4K Mar 10, 2023 Common Stock 17.4K $56.63 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of 9531 Restricted Stock Units of Common Stock (RSU), subject to forfeiture rights, which lapse as to 1/3 of the RSUs on 3/10/2024, 1/3 of the RSUs on 3/10/2025, and the remaining 1/3 of the RSUs on 3/10/2026.
F2 The options granted become exercisable as follows: 1/3 on 3/10/2024 and the remaining 2/3 of such options shall become exercisable over the following 24 months in equal amounts on a monthly basis. In the event the options do not evenly divide into 24 months, the remaining balance of options granted shall become exercisable on 3/10/2026.