Tim Schick - 29 Sep 2022 Form 3 Insider Report for Laser Photonics Corp (LASE)

Role
VP Finance
Signature
/s/ Tim Schick
Issuer symbol
LASE
Transactions as of
29 Sep 2022
Net transactions value
$0
Form type
3
Filing time
03 Oct 2022, 19:26:24 UTC
SEC
View on sec.gov

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
holding LASE Options to purchase Common Stock 29 Sep 2022 Common Stock 25,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 25 2022, in connection with his employment and under the Issuer's 2019 Stock Incentive Plan, the Reporting Person was granted an option to acquire 25,000 shares of common stock. This option vests in equal amounts over a four-year period commencing on the anniversary date of the grant.
F2 The exercise price shall be no less than the fair market value of the Issuer's common stock on the date of the grant.