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STAA STAAR Surgical Company

45.51
-0.03 (-0.07%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
STAAR Surgical Company NASDAQ:STAA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.03 -0.07% 45.51 45.60 47.00 46.90 45.12 46.27 367,232 22:30:00

Statement of Changes in Beneficial Ownership (4)

23/01/2020 9:07pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

ANDREWS DEBORAH J
2. Issuer Name and Ticker or Trading Symbol

STAAR SURGICAL CO [ STAA ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Financial Officer
(Last)          (First)          (Middle)

25651 ATLANTIC OCEAN DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

1/21/2020
(Street)

LAKE FOREST, CA 92630
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 1/21/2020  M  20000 A$11.00 52101 D  
Common Stock 1/21/2020  M  20000 A$5.34 72101 D  
Common Stock 1/21/2020  M  10000 A$15.54 82101 D  
Common Stock 1/21/2020  M  15000 A$7.35 97101 D  
Common Stock 1/21/2020  M  9000 A$7.36 106101 D  
Common Stock 1/21/2020  M  4583 A$9.30 110684 D  
Common Stock 1/21/2020  M  17360 A$15.25 128044 D  
Common Stock 1/21/2020  M  7291 A$16.15 135335 D  
Common Stock 1/21/2020  M  3370 A$29.80 138705 D  
Common Stock 1/21/2020  S  106604 D$42.20 (1)32101 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Common Stock Options $11.00 1/21/2020  M     20000   (2)(3)3/1/2022 Common Stock 20000 $0.00 0 D  
Common Stock Options $5.34 1/21/2020  M     20000   (2)3/3/2023 Common Stock 20000 $0.00 0 D  
Common Stock Options $15.54 1/21/2020  M     10000   (4)3/6/2024 Common Stock 10000 $0.00 0 D  
Common Stock Options $7.35 1/21/2020  M     15000   (5)4/6/2025 Common Stock 15000 $0.00 0 D  
Common Stock Options $7.36 1/21/2020  M     9000   (6)4/3/2026 Common Stock 9000 $0.00 0 D  
Common Stock Options $9.30 1/21/2020  M     4583   (7)3/20/2027 Common Stock 4583 $0.00 139 D  
Common Stock Options $15.25 1/21/2020  M     17360   (8)11/12/2027 Common Stock 17360 $0.00 695 D  
Common Stock Options $16.15 1/21/2020  M     7291   (9)3/14/2028 Common Stock 7291 $0.00 347 D  
Common Stock Options $29.80 1/21/2020  M     3370   (10)6/13/2021 Common Stock 3370 $0.00 188 D  

Explanation of Responses:
(1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.86 to $42.53, inclusive.
(2) These stock options became exercisable in three equal annual installments on March 4, 2014, March 4, 2015, and March 4, 2016.
(3) These stock options became exercisable in three equal annual installments on March 2, 2013, March 2, 2014, and March 2, 2015.
(4) These stock options became exercisable in three equal annual installments on March 7, 2015, March 7, 2016, and March 7, 2017.
(5) These stock options became exercisable in three equal annual installments on April 7, 2016, April 7, 2017, and April 7, 2018.
(6) The options granted became exercisable as follows: 1/3 on 04/04/2017, and the remaining 2/3 of such options shall become exercisable over the following 24 months in equal amounts on a monthly basis. In the event the options do not evenly divide into 24 months, the remaining balance of options granted became exercisable on 04/04/2019.
(7) The options granted become exercisable as follows: 1/3 on 03/21/2018, and the remaining 2/3 of such options shall become exercisable over the following 24 months in equal amounts on a monthly basis. In the event the options do not evenly divide into 24 months, the remaining balance of options granted shall become exercisable on 03/21/2020.
(8) The options granted become exercisable as follows: 1/3 on 11/13/2018, and the remaining 2/3 of such options shall become exercisable over the following 24 months in equal amounts on a monthly basis. In the event the options do not evenly divide into 24 months, the remaining balance of options granted shall become exercisable on 11/13/2020.
(9) The options granted become exercisable as follows: 1/3 on 03/15/2019, and the remaining 2/3 of such options shall become exercisable over the following 24 months in equal amounts on a monthly basis. In the event the options do not evenly divide into 24 months, the remaining balance of options granted shall become exercisable on 03/15/2021.
(10) The options granted become exercisable as follows: 1/3 on 06/14/2019, and the remaining 2/3 of such options shall become exercisable over the following 24 months in equal amounts on a monthly basis. In the event the options do not evenly divide into 24 months, the remaining balance of options granted shall become exercisable on 06/14/2021.

Remarks:
This Form 4 reflects the exercise and sale by Ms. Andrews of Stock Options of the Company pursuant to instructions contained in a pre-established Rule 10b5-1 plan.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
ANDREWS DEBORAH J
25651 ATLANTIC OCEAN DRIVE
LAKE FOREST, CA 92630


Chief Financial Officer

Signatures
/s/ Samuel Gesten as attorney-in-fact for Deborah Andrews1/23/2020
**Signature of Reporting PersonDate

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