Precision Optics (POCI) files Form 4 for 30,000 options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Precision Optics Corporation, Inc. (POCI) reported an insider equity award for a director. The filing shows a grant of stock options, which are rights to buy common stock in the future at a fixed price.
The director received 30,000 stock options with an exercise price of $4.33 per share, becoming exercisable over time. According to the filing, these options vest in four equal installments on December 30, 2025, March 30, 2026, June 29, 2026, and September 29, 2026, as long as the director remains in continuous employment with the company through each vesting date. The options were granted under the company’s 2022 Equity Incentive Plan and are scheduled to expire on November 17, 2035.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miclot Andrew J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Rights to buy) | 30,000 | $0.00 | -- |
Holdings After Transaction:
Stock Options (Rights to buy) — 30,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did POCI report in this Form 4?
The company reported a grant of 30,000 stock options to a director, giving the right to purchase POCI common stock at a fixed exercise price.
What is the exercise price of the new POCI stock options?
The stock options have an exercise price of $4.33 per share, as disclosed in the filing.
When do the newly granted POCI stock options vest?
The options vest in four equal installments on December 30, 2025, March 30, 2026, June 29, 2026, and September 29, 2026, subject to continuous employment.
When do the reported POCI stock options expire?
The filing states that the stock options expire on November 17, 2035 if not exercised earlier.
Under which plan were the POCI stock options granted?
The options were granted under the Precision Optics Corporation, Inc. 2022 Equity Incentive Plan.
Is the reporting person a director of POCI?
Yes. The form identifies the reporting person’s relationship to Precision Optics Corporation, Inc. as a Director.