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

Role
Director
Signature
/s/ Joseph N. Forkey as attorney-in-fact
Issuer symbol
POCI
Transactions as of
31 May 2022
Net transactions value
+$1,992
Form type
4
Filing time
14 Apr 2023, 20:27:14 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 Other $0 -232,915 -42% $0.000000 327,133 31 May 2022 By Anania & Associates Investment Company, LLC F1, F2
transaction POCI Common Stock Other $0 +232,915 $0.000000 232,915 31 May 2022 By Anania & Associates F1, F3
transaction POCI Common Stock Other $0 -327,133 -100% $0.000000* 0 07 Sep 2022 By Anania & Associates Investment Company, LLC F1, F2
transaction POCI Common Stock Other $0 +8,618 $0.000000 8,618 07 Sep 2022 By spouse F1, F3
transaction POCI Common Stock Other $0 -232,915 -100% $0.000000* 0 16 Sep 2022 By Anania & Associates F1, F4
transaction POCI Common Stock Other $0 +196,821 $0.000000 196,821 16 Sep 2022 Direct F1, F4
transaction POCI Common Stock Purchase $1,992 +332 +3.9% $6.00 8,950 30 Nov 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.