IRIDEX CORP — Director's Dealing 2014

Dec 18, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IRIDEX CORP (IRIX)
CIK: 0001006045
Period of Report: 2014-12-17

Reporting Person: Steckel Ronald (VP, Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-17	Common Stock	M	625	$3.856	Acquired	2589	Direct
2014-12-17	Common Stock	S	625	$8.5221	Disposed	1964	Direct
2014-12-17	Common Stock	M	1025	$3.99	Acquired	2989	Direct
2014-12-17	Common Stock	S	1025	$8.5221	Disposed	1964	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-17	Stock Option Right to Buy	$3.856	M	625	Disposed	2017-01-01	Common Stock (625)	Direct
2014-12-17	Stock Option Right to Buy	$3.99	M	1025	Disposed	2016-04-16	Common Stock (1025)	Direct

Footnotes

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 Selling Plan adopted by the reporting person on 3/5/13.

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.

F4: The shares shall vest as follows: 12/48ths of the shares shall vest 12 months after the Vesting Commencement Date and 1/48th of the shares shall vest each month thereafter.