Peter V. Anania - May 31, 2022 Form 4 Insider Report for PRECISION OPTICS CORPORATION, INC. (POCI)

Role
Director
Signature
/s/ Joseph N. Forkey as attorney-in-fact
Stock symbol
POCI
Transactions as of
May 31, 2022
Transactions value $
$1,992
Form type
4
Date filed
4/14/2023, 08:27 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 Other $0 -233K -41.59% $0.00 327K May 31, 2022 By Anania & Associates Investment Company, LLC F1, F2
transaction POCI Common Stock Other $0 +233K $0.00 233K May 31, 2022 By Anania & Associates F1, F3
transaction POCI Common Stock Other $0 -327K -100% $0.00* 0 Sep 7, 2022 By Anania & Associates Investment Company, LLC F1, F2
transaction POCI Common Stock Other $0 +8.62K $0.00 8.62K Sep 7, 2022 By spouse F1, F3
transaction POCI Common Stock Other $0 -233K -100% $0.00* 0 Sep 16, 2022 By Anania & Associates F1, F4
transaction POCI Common Stock Other $0 +197K $0.00 197K Sep 16, 2022 Direct F1, F4
transaction POCI Common Stock Purchase $1.99K +332 +3.85% $6.00 8.95K Nov 30, 2022 By spouse F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported share amounts and prices reflect a 1-for-3 reverse stock split that became effective on 11/1/2022.
F2 As previously reported, a limited liability company controlled by Mr. Anania (Anania & Associates Investment Company, LLC, or A&AIC) received 560,048 shares of Issuer common stock (1,680,145 shares on a pre-split basis) on 10/4/21 as partial consideration for the sale of Lighthouse Imaging, LLC assets to the Issuer. A&AIC distributed those shares to its underlying members on 5/31/2022 and 9/7/2022; A&AIC presently owns no shares of the Issuer.
F3 As a result of A&AIC's distributions, Anania & Associates received 232,915 shares (698,746 shares on a pre-split basis) of which Mr. Anania held a proportionate interest in 196,821 shares (590,465 shares on a pre-split basis), and Mr. Anania's spouse received 8,618 shares (25,856 shares on a pre-split basis).
F4 On 9/16/22, Anania & Associates distributed its shares of the Issuer to its shareholders and Mr. Anania received the reported share amounts.