Thomas William Burns - Sep 15, 2022 Form 4 Insider Report for GLAUKOS Corp (GKOS)

Role
CHAIRMAN & CEO, Director
Signature
Diana Scherer, Attorney-in-Fact
Stock symbol
GKOS
Transactions as of
Sep 15, 2022
Transactions value $
-$204,186
Form type
4
Date filed
12/5/2022, 06:30 PM
Previous filing
Jun 3, 2022
Next filing
Dec 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GKOS Common Stock Award $0 +15.4K +2.33% $0.00 678K Sep 15, 2022 Direct F1, F2
transaction GKOS Common Stock Tax liability -$204K -3.82K -0.56% $53.41 674K Nov 25, 2022 Direct F3, F4
holding GKOS Common Stock 278K Sep 15, 2022 Through the Burns Family Trust
holding GKOS Common Stock 238K Sep 15, 2022 Through the Burns Annuity Trust
holding GKOS Common Stock 120K Sep 15, 2022 Through the Burns Charitable Remainder Trust
holding GKOS Common Stock 100K Sep 15, 2022 Through the Thomas W. Burns Irrevocable Trust
holding GKOS Common Stock 100K Sep 15, 2022 Through the Janet M. Burns Irrevocable Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock underlying a portion of an award of restricted stock units previously granted by the Issuer on March 18, 2021, the vesting of which was subject to the Issuer's achievement of certain pre-determined operational targets over a multi-year performance period. The Compensation Committee determined on September 15, 2022 that one of the operational targets had been achieved. The Reporting Person elected to receive this performance grant in the form of restricted stock units. The number of shares reported herein consists of the portion of the award that was deemed earned based upon the achievement of the operational target. 50% of the number of shares of common stock reported herein vested and was delivered on November 25, 2022 and the remaining 50% will vest and be delivered on August 2, 2023.
F2 Includes 88,568 restricted stock units that have not yet vested or been delivered to the Reporting Person.
F3 Consists of shares withheld by the Issuer with respect to tax withholding obligations of the Reporting Person upon vesting and delivery of shares of common stock underlying restricted stock units previously granted by the Issuer on March 18, 2021.
F4 Includes 80,859 restricted stock units that have not yet vested or been delivered to the Reporting Person.