IRIDEX CORP — Director's Dealing 2015

Mar 17, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IRIDEX CORP (IRIX)
CIK: 0001006045
Period of Report: 2015-02-27

Reporting Person: MOORE WILLIAM M (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-27	Common Stock	M	190000	—	Acquired	342396	Direct
2015-03-13	Common stock	F	61465	$9.08	Disposed	280931	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-27	Performance Rights	$	M	190000	Disposed	2015-02-27	Common Stock (190000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	78944	Indirect

Footnotes

F1: Represents shares of Common stock issued upon the vesting of performance rights granted on March 25, 2013.

F2: The RSU's convert into the Issuer's Common Stock on a one-for-one basis.

F3: The performance right represents a contingent right to receive up to 220,000 shares of IRIDEX common stock. The number of shares issuable pursuant to the performance right was determined on February 27, 2015 based upon the Company's average stock price performance of fair market value, as set forth within a Restricted Stock Unit Award Agreement between IRIDEX and the reporting person.