Joseph N. Forkey - 04 Jun 2021 Form 4 Insider Report for PRECISION OPTICS CORPORATION, INC. (POCI)

Role
Chief Executive Officer, Director
Signature
/s/ Joseph Forkey
Issuer symbol
POCI
Transactions as of
04 Jun 2021
Transactions value $
$0
Form type
4
Filing time
09 Jun 2021, 19:00:32 UTC
Next filing
03 Mar 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 POCI Stock Option (Right to Buy) Award +150,000 +30% 650,000 04 Jun 2021 Common Stock 150,000 $1.68 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest 50% on 06/04/2021 and 50% on 06/04/2022 or upon a change of control.
F2 The options were granted by the Issuer to compensate executive officers for their services.