GKOS.NYSEGlaukos CORP

4/A: Glaukos Corp Chairman & CEO Corrects Stock Option Grant in Amended SEC Filing

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SEC Filing (Form 4/A)

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Thomas William Burns, Chairman & CEO of Glaukos Corp, files an amended SEC Form 4 to correct the number of stock options granted on March 14, 2024.

Summary

  • Thomas William Burns, the Chairman & CEO of Glaukos Corporation, filed an amended SEC Form 4 (Form 4/A) on March 27, 2024.
  • This amendment corrects an error in the original Form 4 filed on March 18, 2024, regarding the number of stock options granted to Burns on March 14, 2024.
  • The original filing incorrectly stated the number of options as 36,891, while the corrected number is 37,359.
  • These options have an exercise price of $85.78 and vest over a four-year period, with 25% vesting on the first anniversary of the grant date and the remainder vesting in equal monthly installments over the following 36 months.
  • The options expire on March 14, 2034.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previously filed form, indicating standard corporate governance practices. The sentiment is neutral to slightly positive as it reflects transparency and adherence to regulatory requirements.

Industry Context

This filing is a routine disclosure related to executive compensation and stock option grants, common in publicly traded companies like Glaukos in the medical device industry.

Stakeholder Impact

  • The correction ensures accurate information is available to shareholders regarding executive compensation.

Key Dates

DateDescription
03/14/2024Date of the stock option grant.
03/18/2024Date of the original Form 4 filing with the incorrect number of options.
03/27/2024Date of the amended Form 4/A filing.
03/14/2034Expiration date of the stock options.

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