Item 5.02. Departure of Directors or Certain Officers; Election of Directors;


           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers.

On January 11, 2023, the board of directors (the "Board") of LENSAR, Inc. (the "Company") approved annual cash bonuses for 2022 for each of Nicholas T. Curtis, Alan B. Connaughton and Thomas R. Staab, II at 90% of his annual target bonus and a 4.5% increase in each such officer's base salary effective January 9, 2023. Additionally, on January 11, 2023, the Board approved the grant of (i) options to purchase shares of common stock of the Company ("Options") and (ii) restricted stock units ("RSUs") to Nicholas T. Curtis, Alan B. Connaughton and Thomas R. Staab, II in the amounts set forth below opposite such officer's name. The Options were granted pursuant to the Company's 2020 Incentive Award Plan (the "Plan") and grant each recipient the right to purchase shares of Company common stock at a price of $2.65 per share, the fair market value of the Company's common stock on the grant date. The Options vest as to 25% of the total amount of the award on the one-year anniversary of the grant date and in thirty-six substantially equal monthly installments thereafter. The RSUs granted pursuant to the Plan vest as to 25% of the total amount of the award on each anniversary of the grant date.



Name                   Number of Stock Options      Number of RSUs
Nicholas T. Curtis                       77,651              22,186
Alan B. Connaughton                      54,356              15,530
Thomas R. Staab, II                      23,295               6,656

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