Joseph N. Forkey - Nov 1, 2022 Form 4 Insider Report for PRECISION OPTICS CORPORATION, INC. (POCI)

Role
Chief Executive Officer, Director
Signature
/s/ Joseph N. Forkey
Stock symbol
POCI
Transactions as of
Nov 1, 2022
Transactions value $
$0
Form type
4
Date filed
12/29/2022, 03:44 PM
Previous filing
Mar 3, 2022
Next filing
Jan 27, 2023

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 +16.7K +10% 183K Nov 1, 2022 Common Stock 16.7K $5.85 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Share amounts and share prices reflect a 1-for-3 reverse stock split that became effective after the close of business on 11/1/2022.
F2 The options were granted by the Issuer to compensate executive officers for their services. The options vest on a formula basis, subject to satisfaction of stated EBITDA targets and stated management objectives.