LifeLoc Technologies Inc (LCTC)

[Energy Manager]

My guess is that these are stock options being exercised, to purchase the stock, all at the exercisable price of $3.80.

4. STOCKHOLDERS' EQUITY

The following table summarizes information about employee stock options outstanding and exercisable at September 30, 2023:

STOCK OPTIONS OUTSTANDING STOCK OPTIONS EXERCISABLE
Range of Exercise Prices Number Outstanding Weighted Average Remaining Contractual Life (in Years) Weighted Average Exercise Price per Share Number Exercisable Weighted Average Exercise Price per Share
$3.80 123,000 2.05 $3.80 123,000 $3.80
The exercise price of all options granted through September 30, 2023 has been equal to or greater than the fair market value of the Company's common stock at the time the options were issued. As of September 30, 2023, the 2013 Plan had expired and no options for our common stock remain available for grant under the 2013 Plan.

No options were granted during the three months or during the nine months ended September 30, 2023.

No options were granted during the three months ended September 30, 2022. A total of 15,000 options were granted to two employees during the nine months ended September 30, 2022.

No options were exercised during the three months or during the nine months Ended September 30, 2023 and September 30, 2022.

The total number of authorized shares of common stock continues to be 50,000,000, with no change in the par value per share. All of our common stock is designated as no par value per share.