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

Role
Director
Signature
/s/ Joseph Forkey as attorney in fact
Stock symbol
POCI
Transactions as of
Feb 28, 2022
Transactions value $
$9,120
Form type
4
Date filed
3/2/2022, 08:20 PM
Previous filing
Jan 6, 2022
Next filing
Dec 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POCI Common Stock Options Exercise $9.12K +7.6K +50.29% $1.20* 22.7K Feb 28, 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 -7.6K -5.67% 126K Feb 28, 2022 Common Stock 7.6K $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.