Divaker Mangadu - Jun 4, 2021 Form 4 Insider Report for PRECISION OPTICS CORPORATION, INC. (POCI)

Role
Pres., Ross Optical Division
Signature
/s/ Joseph Forkey as attorney-in-fact
Stock symbol
POCI
Transactions as of
Jun 4, 2021
Transactions value $
$0
Form type
4
Date filed
6/9/2021, 07:01 PM

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 POCI Stock Option (Right to Buy) Award +25K +25% 125K Jun 4, 2021 Common Stock 25K $1.68 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest 50% on 06/04/2021 and 50% on 06/04/2022 or upon a change of control.
F2 The options were granted by the Issuer to compensate executive officers for their services.