IRIDEX CORP — Director's Dealing 2013

Jun 14, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IRIDEX CORP (IRIX)
CIK: 0001006045
Period of Report: 2013-06-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-06-10	Common Stock	C	1000000	—	Acquired	2605536	Direct
2013-06-14	Common Stock	J	42696	—	Disposed	2562840	Direct

Footnotes

F1: On June 10, 2013, outstanding shares of Series A Preferred Stock held by the reporting entities were converted into 1,000,000 shares of common stock. The Certificate of Designation provided that the Series A Preferred shares would automatically convert into common stock if the common stock traded above $5.00 for 30 consecutive trading days. Prior filings by the reporting entities reported the Series A Preferred Stock on an as-converted basis.

F2: These securities were owned by BlueLine Capital Partners, L.P. On June 14, 2013, BlueLine Capital Partners, L.P. executed an in-kind distribution, without consideration, of 42,696 shares of the Issuer's common stock to certain of its limited partners.