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