0001683168-18-002149.txt : 20180806
0001683168-18-002149.hdr.sgml : 20180806
20180806162126
ACCESSION NUMBER: 0001683168-18-002149
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180802
FILED AS OF DATE: 20180806
DATE AS OF CHANGE: 20180806
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Forkey Joseph Norman
CENTRAL INDEX KEY: 0001360197
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10647
FILM NUMBER: 18995005
MAIL ADDRESS:
STREET 1: C/O PRECISION OPTICS CORPORATION INC
STREET 2: 22 EAST BROADWAY
CITY: GARDNER
STATE: MA
ZIP: 01440
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PRECISION OPTICS CORPORATION, INC.
CENTRAL INDEX KEY: 0000867840
STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
IRS NUMBER: 042795294
STATE OF INCORPORATION: MA
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: 22 EAST BROADWAY
CITY: GARDNER
STATE: MA
ZIP: 01440
BUSINESS PHONE: 978-630-1800
MAIL ADDRESS:
STREET 1: 22 EAST BROADWAY
CITY: GARDNER
STATE: MA
ZIP: 01440
FORMER COMPANY:
FORMER CONFORMED NAME: PRECISION OPTICS Corp INC
DATE OF NAME CHANGE: 20111027
FORMER COMPANY:
FORMER CONFORMED NAME: PRECISION OPTICS CORPORATION INC
DATE OF NAME CHANGE: 19930328
FORMER COMPANY:
FORMER CONFORMED NAME: PRECISION OPTICS CORP INC
DATE OF NAME CHANGE: 19600201
4
1
ownership.xml
X0306
4
2018-08-02
0
0000867840
PRECISION OPTICS CORPORATION, INC.
PEYE
0001360197
Forkey Joseph Norman
PRECISION OPTICS CORPORATION, INC.
22 EAST BROADWAY
GARDNER
MA
01440
1
1
0
0
Chief Executive Officer
Common Stock ($0.01 par value)
2018-08-02
4
A
0
300000
A
333620
D
Stock Option (Right to Buy)
0.73
2018-08-02
4
A
0
350000
A
2028-08-02
Common Stock
350000
500000
D
The shares of common stock will be issued in three tranches of 100,000 shares each, on the signing date of the compensation agreement, January 1, 2019 and January 1, 2020, as compensation for services as the Chief Executive Officer of the Issuer.
The options vest as follows: 175,000 options vest on the date of filing a Form 10-Q or 10-K where the Issuer reports revenues of $1,500,000 or higher for two consecutive fiscal quarters; 175,000 options vest if the Issuer's common stock is trading at $1.00 per share or higher for fifteen consecutive trading days. All unvested options vest upon a change in control.)
The options were granted as compensation for services as the Chief Executive Officer of the Issuer.
/s/ Joseph Forkey
2018-08-06