Nandini Devi - 14 Jun 2023 Form 4 Insider Report for IRIDEX CORP (IRIX)

Role
Director
Signature
/s/ Nilo De Castro, Attorney-in-Fact for Nandini Devi
Issuer symbol
IRIX
Transactions as of
14 Jun 2023
Transactions value $
$75,000
Form type
4
Filing time
15 Jun 2023, 18:52:05 UTC
Previous filing
16 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRIX Common Stock Award $74,999 +39,267 +104% $1.91 77,159 14 Jun 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. 100% of the RSUs vest on the earlier of June 14, 2024 or the date of the Issuer's next annual meeting of stockholders.