0001683168-22-001423.txt : 20220303
0001683168-22-001423.hdr.sgml : 20220303
20220303163940
ACCESSION NUMBER: 0001683168-22-001423
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220301
FILED AS OF DATE: 20220303
DATE AS OF CHANGE: 20220303
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: 22709586
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
2022-03-01
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
2022-03-02
4
M
0
30000
1.20
A
363620
D
Common Stock
2022-03-02
4
F
0
16000
2.25
D
347620
D
Stock Option (Right to Buy)
1.20
2022-03-01
4
G
0
120000
D
2014-07-01
2022-03-02
Common Stock
120000
530000
D
Stock Option (Right to Buy)
1.20
2022-03-02
4
M
0
30000
D
2014-07-01
2022-03-02
Common Stock
30000
500000
D
Reflects 16,000 shares withheld by Issuer at the market price of $2.25 per share to fund the cashless exercise of 30,000 options at an exercise price of $1.20 per share.
The options were granted by the Issuer to compensate executive officers for their services.
The reporting person exercised and gifted the options because they were about to expire. The transactions reported above in Table I reflect the cashless exercise transactions of 30,000 stock options. The cashless exercise for the options is reported in two lines. The first line of the cashless exercise transaction is coded M in column 4 of Table I and reports in column 5 the number of shares issuable upon exercise of the options had cash been paid to exercise the options, together with the exercise price with Code A for acquired. The line coded F in column 3 of Table I relates to the same cashless exercise on the preceding line and reports in Column 5 the number of shares deducted from the total number of shares issuable to pay for the cashless exercise of such options with Code D for disposed. The transactions reported in Table II above, reflect the disposition of the same stock options whose cashless exercise is disclosed in Table I above. In addition, the reporting person gifted certain stock options to a charity in a transaction coded with Code G.
/s/ Joseph Forkey
2022-03-03