IRIDEX CORP — Director's Dealing 2010

Sep 17, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IRIDEX CORP (IRIX)
CIK: 0001006045
Period of Report: 2010-09-15

Reporting Person: BlueLine Capital Partners II, L.P. (10% Owner)
Reporting Person: BlueLine Capital Partners, L.P. (10% Owner)
Reporting Person: BlueLine Partners II, LLC (10% Owner)
Reporting Person: BlueLine Capital Partners III, LP (10% Owner)
Reporting Person: BlueLine Catalyst Fund IX, L.P. (10% Owner)
Reporting Person: BlueLine Partners, L.L.C. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-15	COMMON STOCK	P	8000	$2.80	Disposed	2491815	Direct
2010-09-15	COMMON STOCK	P	5400	$2.75	Disposed	2497215	Direct
2010-09-17	COMMON STOCK	P	10885	$3.00	Disposed	2508100	Direct

Footnotes

F1: These securities were owned by BlueLine Capital Partners II, L.P.

F2: These securities were owned by BlueLine Capital Partners III, L.P.

F3: These securities were owned by BlueLine Catalyst Fund IX, L.P.