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Re: lasers post# 8628

Tuesday, 02/11/2014 10:25:10 AM

Tuesday, February 11, 2014 10:25:10 AM

Post# of 48316
Apparently Dr. Pierce has about a third of the 1.7M shares in his possession while another third can be optioned in a year and the last third in two years. Am I interpreting this correctly? tia.

34% of the shares subject to the option vest on the Vesting Commencement Date (December 11, 2013)and 33% of the shares subject to the option vest on the one-year and two-year anniversary of theVesting Commencement Date, respectively.



The above quote is from the Form 4, footnote #1 directly under the table and labeled, Explanation of Responses.

On another topic, $ONCS is doing great, this morning, on nice volume, despite the warrants.

Saving up your money for a rainy day,
Giving all your clothes to charity.
Last night the wife said,
"Oh boy, when you're dead
You don't take nothing with you
But your soul - think!"

(Lennon/McCartney, "The Ballad of John and Yoko")