Patrick Mercer - Jun 30, 2023 Form 4 Insider Report for IRIDEX CORP (IRIX)

Role
President and COO
Signature
/s/ Nilo De Castro, Attorney-in-Fact for Patrick Mercer
Stock symbol
IRIX
Transactions as of
Jun 30, 2023
Transactions value $
-$16,959
Form type
4
Date filed
5/24/2024, 06:41 PM
Previous filing
Oct 31, 2022
Next filing
Sep 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRIX Common Stock Tax liability -$12.6K -5.83K -6.68% $2.17 81.5K Jun 30, 2023 Direct F1
transaction IRIX Common Stock Tax liability -$4.31K -2.02K -2.47% $2.14 79.4K Jul 4, 2023 Direct F1
transaction IRIX Coomon Stock Award $0 +120K +151.06% $0.00 199K May 22, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares have been withheld in an exempt disposition to the Issuer under Rule 16b-3(e), to satisfy the Issuer's income tax withholding and remittance obligations in connection with the net settlement of restricted stock units and does not represent a sale by the Reporting Person.
F2 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 May 22, 2025 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.