IRIDEX CORP — Director's Dealing 2013

Mar 8, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IRIDEX CORP (IRIX)
CIK: 0001006045
Period of Report: 2013-03-06

Reporting Person: ARIAS EDUARDO (Sr. VP, Global Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-06	Common Stock	M	1877	$.90	Acquired	154902	Direct
2013-03-06	Common Stock	S	1075	$4.63	Disposed	153827	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-06	Stock Option Right to Buy	$.90	M	1877	Disposed	2015-12-11	Common Stock (1877)	Direct

Footnotes

F1: Reporting person did a same day sale/cash transaction where only a portion of the exercised shares were sold.

F2: This option was granted pursuant to IRIDEX Corporation's 2008 Equity Incentive Plan and is exempt to Rule 16b-3.

F3: The shares are subject to vesting according to the following schedule: 1/48th of the total number of shares vest each month.