PRECISION OPTICS CORPORATION, INC. — Director's Dealing 2012

Feb 10, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PRECISION OPTICS Corp INC (PEYE)
CIK: 0000867840
Period of Report: 2012-02-09

Reporting Person: Major Donald Andrew (Director, EVP, Corp. Development)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-09	Stock Option (Right to Buy)	$0.55	A	20000	Acquired	2022-04-01	Common Stock (20000)	Direct
2012-02-09	Stock Option (Right to Buy)	$0.55	A	7600	Acquired	2022-02-09	Common Stock (7600)	Direct

Footnotes

F1: The options vest 25%, or 5,000 shares, on the first day of each quarter, beginning on April 1, 2012 until all shares are fully vested.

F2: The options were issued as compensation for services provided to the Company.

F3: The options were granted by the Company to compensate non-employee directors for their prior service on the Board of Directors.