Alisha Charlton - 21 Dec 2021 Form 4 Insider Report for PRO DEX INC (PDEX)

Role: Chief Financial Officer
Signature: /s/ Alisha Charlton
Issuer symbol: PDEX
Transactions as of: 21 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 23 Dec 2021, 15:00:29 UTC
Previous filing: 25 May 2021
Next filing: 08 Aug 2022
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	PDEX	Stock Option (Right-to-buy)	Award	$0	+1,000	+24%	$0.000000	5,250	21 Dec 2021	Common Stock	1,000	$39.00	Direct	F1
transaction	PDEX	Stock Option (Right-to-buy)	Award	$0	+1,000	+24%	$0.000000	5,250	21 Dec 2021	Common Stock	1,000	$42.00	Direct	F1
transaction	PDEX	Stock Option (Right-to-buy)	Award	$0	+1,000	+24%	$0.000000	5,250	21 Dec 2021	Common Stock	1,000	$45.00	Direct	F1
transaction	PDEX	Stock Option (Right-to-buy)	Award	$0	+1,000	+24%	$0.000000	5,250	21 Dec 2021	Common Stock	1,000	$47.50	Direct	F1
transaction	PDEX	Stock Option (Right-to-buy)	Award	$0	+1,000	+24%	$0.000000	5,250	21 Dec 2021	Common Stock	1,000	$50.00	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These options were awarded under Pro-Dex's 2016 Equity Incentive Plan. The percentage of options that may vest and become exercisable, if any, are 100%, 50%, and 25%, respectively, based upon the volume-weighted average price of Pro-Dex's common stock equaling or exceeding the applicable exercise price for the 60 trading days immediately preceding the date the option becomes exercisable, six months from the date the option becomes exercisable, or twelve months from the date the option becomes exercisable, respectively.

Content

These options were awarded under Pro-Dex's 2016 Equity Incentive Plan. The percentage of options that may vest and become exercisable, if any, are 100%, 50%, and 25%, respectively, based upon the volume-weighted average price of Pro-Dex's common stock equaling or exceeding the applicable exercise price for the 60 trading days immediately preceding the date the option becomes exercisable, six months from the date the option becomes exercisable, or twelve months from the date the option becomes exercisable, respectively.