Richard B. Miles - 16 Nov 2023 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
16 Nov 2023
Net transactions value
$0
Form type
4
Filing time
17 Nov 2023, 16:21:45 UTC
Previous filing
18 Jan 2023
Next filing
28 Oct 2024
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 +30,000 +49% 90,998 16 Nov 2023 Common Stock 30,000 $5.95 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 the Issuer from the 2022 Equity Incentive Plan to compensate directors for services on the Issuer's Board of Directors. The stock option vests as follows: an option for 10,000 shares vests immediately, and options for 5,000 shares each vest on December 30, 2023, March 30, 2024, June 29, 2024, and September 29, 2024.