Richard B. Miles - 28 Feb 2022 Form 4 Insider Report for PRECISION OPTICS CORPORATION, INC. (POCI)

Role
Director
Signature
/s/ Joseph Forkey as attorney in fact
Issuer symbol
POCI
Transactions as of
28 Feb 2022
Net transactions value
+$9,120
Form type
4
Filing time
02 Mar 2022, 20:20:09 UTC
Previous filing
06 Jan 2022
Next filing
29 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POCI Common Stock Options Exercise $9,120 +7,600 +50% $1.20* 22,712 28 Feb 2022 Direct

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 Options (Rights to buy) Options Exercise -7,600 -5.7% 126,400 28 Feb 2022 Common Stock 7,600 $1.20 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options were granted by Company to compensate non-employee directors for their prior service on the Board of Directors.

Remarks:

The reporting person exercised the options during the trading window because they were about to expire.