GLAUKOS Corp — Director's Dealing 2022

Mar 28, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLAUKOS Corp (GKOS)
CIK: 0001192448
Period of Report: 2022-03-24

Reporting Person: Burns Thomas William (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-24	Common Stock	A	5709	—	Acquired	636052	Direct
2022-03-24	Common Stock	A	15418	—	Acquired	651470	Direct
2022-03-24	Common Stock	A	21294	—	Acquired	672764	Direct
2022-03-24	Common Stock	F	1975	$55.18	Disposed	670789	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-24	Stock Option (Right to Buy)	$39.10	A	12381	Acquired	2030-03-12	Common Stock (12381)	Direct
2022-03-24	Stock Option (Right to Buy)	$55.18	A	42993	Acquired	2032-03-24	Common Stock (42993)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	277847	Indirect
Common Stock	238107	Indirect
Common Stock	120000	Indirect
Common Stock	100000	Indirect
Common Stock	100000	Indirect

Footnotes

F1: Represents shares of common stock underlying a portion of an award of restricted stock units previously granted by the Issuer on March 12, 2020, the vesting of which was subject to the Issuer's achievement of certain multi-year performance goals. The Compensation Committee of the Issuer's Board of Directors (the "Compensation Committee") determined on March 24, 2022 the level of achievement for the second year of the multi-year performance period. The Reporting Person elected to receive 50% of this performance grant in the form of restricted stock units and 50% in the form of an option to purchase shares of common stock. The number of shares of common stock reported herein consists of the portion of the award that vested based upon the achievement with respect to 50% of the second-year performance goal.

F2: Includes 52,309 restricted stock units that have not yet vested or been delivered to the Reporting Person.

F3: Represents shares of common stock underlying a portion of an award of restricted stock units previously granted by the Issuer on March 18, 2021, the vesting of which was subject to the Issuer's achievement of certain multi-year performance goals. The Compensation Committee determined on March 24, 2022 the level of achievement for the first year of the multi-year performance period. The Reporting Person elected to receive this performance grant in the form of restricted stock units. The number of shares reported herein consists of the portion of the award that was deemed earned based upon the achievement with respect to the first-year performance goal. 50% of the number of shares of common stock reported herein will vest and be delivered on April 6, 2022 and the remaining 50% will vest and be delivered on January 6, 2023.

F4: Includes 67,727 restricted stock units that have not yet vested or been delivered to the Reporting Person.

F5: Granted by the Issuer in the form of restricted stock units which vest over a four-year period, with 25% to vest on each anniversary of the grant date.

F6: Includes 89,021 restricted stock units that have not yet vested or been delivered to the Reporting Person.

F7: Consists of shares withheld by the Issuer with respect to tax withholding obligations of the Reporting Person upon vesting and delivery of shares of common stock underlying restricted stock units previously granted by the Issuer on March 12, 2020.

F8: Represents a portion of an option to purchase shares of common stock previously granted by the Issuer on March 12, 2020, the vesting of which was subject to the Issuer's achievement of certain multi-year performance goals. The Compensation Committee determined on March 18, 2021 the level of achievement for the second year of the multi-year performance period. The Reporting Person elected to receive 50% of this performance grant in the form of restricted stock units and 50% in the form of an option to purchase shares of common stock. The number of shares of common stock subject to the stock option reported herein consists of the portion of the shares subject to the stock option that vested with respect to 50% of the second-year performance goal.

F9: These options vest over four years from the grant date, with 25% vesting on the first anniversary of the grant date and the remaining amount vesting in equal monthly installments over the following three years.