X0306 4 2015-02-18 0 0000867840 PRECISION OPTICS CORPORATION, INC. PEYE 0001535264 AWM Investment Company, Inc. 527 MADISON AVENUE SUITE 2600 NEW YORK NY 10022 0 0 1 0 Common Stock 1269213 I By Limited Partnerships Warrants 1.5 2013-02-12 2016-02-12 Common Stock 350000 350000 I By Limited Partnerships Warrants 1.03 2008-06-26 2017-05-11 Common Stock 493398 493398 I By Limited Partnerships Warrants 1.11 2012-09-28 2017-09-28 Common Stock 481733 481733 I By Limited Partnerships AWM Investment Company, Inc., a Delaware Corporation (AWM), is the investment adviser to Special Situations Fund III QP, L.P. (QP), Special Situations Cayman Fund, L.P. (CAYMAN) and Special Situations Private Equity Fund, L.P. (PE and together with QP and CAYMAN, the Funds). As the investment adviser to the Funds, AWM holds sole voting and investment power over 934,212 shares of Common Stock of the Issuer (the Shares) and 421,699 Warrants and 481,733 Warrants* held by QP, 1 Shares held by CAYMAN and 335,000 Shares and 421,699 Warrants held by PE. Austin W. Marxe (Marxe), David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner) are the controlling principals of AWM. Marxe, Greenhouse and Stettner previously reported the Shares held by the Funds on Form 3 and Form 4. Accordingly, reference should be made to Marxe, Greenhouse and Stettner (CIK #0001044321) for any prior filings with the Securities and Exchange Commission relating to the Shares held by each of the Funds. The reporting person disclaims beneficial ownership of the Shares and Warrants, except to the extent of its pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. *The warrant may be exercised to the extent that the total number of shares of Common Stock then beneficially owned does not exceed 4.99% of the outstanding shares. The Holder may request an increase up to 9.99% of the outstanding shares, effective on the 61st day after notice is given to the Company. Adam C. Stettner 2015-02-18