Alisha Charlton - Dec 21, 2021 Form 4 Insider Report for PRO DEX INC (PDEX)

Signature
/s/ Alisha Charlton
Stock symbol
PDEX
Transactions as of
Dec 21, 2021
Transactions value $
$0
Form type
4
Date filed
12/23/2021, 03:00 PM
Previous filing
May 25, 2021
Next filing
Aug 8, 2022

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 PDEX Stock Option (Right-to-buy) Award $0 +1K +23.53% $0.00 5.25K Dec 21, 2021 Common Stock 1K $39.00 Direct F1
transaction PDEX Stock Option (Right-to-buy) Award $0 +1K +23.53% $0.00 5.25K Dec 21, 2021 Common Stock 1K $42.00 Direct F1
transaction PDEX Stock Option (Right-to-buy) Award $0 +1K +23.53% $0.00 5.25K Dec 21, 2021 Common Stock 1K $45.00 Direct F1
transaction PDEX Stock Option (Right-to-buy) Award $0 +1K +23.53% $0.00 5.25K Dec 21, 2021 Common Stock 1K $47.50 Direct F1
transaction PDEX Stock Option (Right-to-buy) Award $0 +1K +23.53% $0.00 5.25K Dec 21, 2021 Common Stock 1K $50.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options were awarded under Pro-Dex's 2016 Equity Incentive Plan. The percentage of options that may vest and become exercisable, if any, are 100%, 50%, and 25%, respectively, based upon the volume-weighted average price of Pro-Dex's common stock equaling or exceeding the applicable exercise price for the 60 trading days immediately preceding the date the option becomes exercisable, six months from the date the option becomes exercisable, or twelve months from the date the option becomes exercisable, respectively.