PRO DEX INC — Director's Dealing 2022

Jan 7, 2022

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: PRO DEX INC (PDEX)
CIK: 0000788920
Period of Report: 2021-12-20

Reporting Person: Domingo Angelita Rebamontan (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7011	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to buy)	$27.50	2031-07-01	Common Stock (4250)		Direct
Stock Option (Right to buy)	$39.00	2032-07-01	Common Stock (4250)		Direct
Stock Option (Right to buy)	$42.00	2034-07-01	Common Stock (4250)		Direct
Stock Option (Right to buy)	$47.50	2038-07-01	Common Stock (4250)		Direct
Stock Option (Right to buy)	$50.00	2040-07-01	Common Stock (4250)		Direct
Performance Award	$0		Common Stock (5800)		Direct
Performance Award	$0		Common Stock (5800)		Direct
Performance Award	$0		Common Stock (5800)		Direct

Footnotes

F1: These options were awarded under Pro-Dex's 2016 Equity Incentive Plan. The percentage of options that may vest and become exercisable, if any, are 100%, 50%, and 25%, respectively, based upon the volume-weighted average price of Pro-Dex's common stock equaling or exceeding the applicable exercise price for the 60 trading days immediately preceding the date the option becomes exercisable, six months from the date the option becomes exercisable, or twelve months from the date the option becomes exercisable, respectively.

F2: These performance awards were awarded under Pro-Dex's 2016 Equity Incentive Plan. Shares of Pro-Dex common stock will be granted to the reporting person in the amounts shown above on the date exercisable shown above, as the vesting criteria for these performance awards have already been satisfied as of the date of this report.