Richard B. Miles - 16 Nov 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
16 Nov 2022
Net transactions value
$0
Form type
4
Filing time
29 Dec 2022, 15:45:29 UTC
Previous filing
02 Mar 2022
Next filing
18 Jan 2023
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
transaction POCI Stock Options (Rights to buy) Award +6,666 +16% 48,799 16 Nov 2022 Common Stock 6,666 $6.26 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 Under a formula plan established in 2019, the options were granted by the Issuer to compensate directors for their service on the Board of Directors.