4/A: Lifeloc Technologies CEO Wayne Willkomm Executes Stock Options, Amends Previous Filing
SEC Filing
Wayne Willkomm, CEO and President of Lifeloc Technologies, exercised stock options and amended a previous filing to correct the number of securities beneficially owned.
Summary
- Wayne Willkomm, CEO and President of Lifeloc Technologies, executed stock options for 37,500 shares of common stock at a price of $3.80 on February 28, 2025.
- This transaction is reported on a Form 4/A, which amends a previous filing from March 4, 2025, to correct the number of securities beneficially owned.
- Following the transaction, Willkomm directly owns 40,325 shares of common stock and indirectly owns 23,477 shares through EDCO Partners LLLP.
- The exercised stock options were granted under the company's 2013 Stock Option Plan and were fully vested at the time of grant.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock option exercises, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the increase in outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/01/2020 | Date of grant for stock options that were exercised on 02/28/2025. |
| 03/13/2021 | Date of grant for stock options. |
| 02/28/2025 | Date of stock option exercise. |
| 03/04/2025 | Date of original Form 4 filing that was amended. |
| 03/01/2025 | Expiration date of stock options that were exercised on 02/28/2025. |
| 03/13/2026 | Expiration date of stock options. |
| 04/18/2025 | Date of amended Form 4/A filing. |
Keywords
Form 4, Lifeloc Technologies, Stock Options, Beneficial Ownership, Wayne Willkomm, LCTC, Securities
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