Williams Patrick F.'s Form 4 filing
Staar Surgical Co (STAA) · filed Aug 12, 2021
- Accession no.
- 0001209191-21-051097
- Filed
- Aug 12, 2021
- Trade date
- Aug 10-11, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 2 non-derivative transactions. Open-market sales total $351.4K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Williams Patrick F.CIK 0001562229 | Officer (Chief Financial Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 10, 2021 | Common Stock | MOption exerciseAcquired | +5,121 | $0.00 | $0 | 33,240 | Direct | |
| Aug 11, 2021 | Common Stock | SSaleDisposed | −2,500 | $140.58F1 | −$351,450 | 30,740 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $139.41 to $142.16, inclusive.
Referenced by the price of 1 transaction in Table I.
Remarks
This filing reflects (1) the vesting of performance-based restricted stock awarded to Mr. Williams on August 10, 2020, with achievement based on the Corporation's satisfaction of pre-established financial metrics; generating $200M in revenue, calculated on a trailing 12-month basis and the passage of at least 12 months from the date of grant; and (2) the sale by Mr. Williams of Common Stock of the Company pursuant to instructions contained in a pre-established Rule 10b5-1 plan.