4/A: Glaukos Corp Executive Corrects Stock Option Grant Details in Amended SEC Filing

Joseph E. Gilliam, President & COO of Glaukos Corporation, files an amended SEC Form 4/A to correct the number of stock options granted on March 14, 2024.

Summary

• Joseph E. Gilliam, President & COO of Glaukos Corporation, filed an amended SEC Form 4/A on March 27, 2024.
• The amendment corrects the number of stock options granted to Gilliam on March 14, 2024.
• The original filing on March 18, 2024, incorrectly reported the number of options as 15,161.
• The corrected filing states the number of options granted was 15,353.
• The options have an exercise price of $85.78.
• The options vest over four years, with 25% vesting on the first anniversary and the remainder vesting monthly over the following 36 months, fully vesting on March 14, 2028.

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 regulations.

Industry Context

This filing is a routine disclosure related to executive compensation and stock option grants, common in publicly traded companies like Glaukos. It provides transparency to investors regarding executive incentives.

Stakeholder Impact

• The correction of the stock option grant ensures accurate information is available to shareholders regarding executive compensation.

Key Dates