4//SEC Filing
LEVINE JOSHUA 4
Accession 0001138723-20-000113
CIK 0001138723other
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 9:41 PM ET
Size
9.0 KB
Accession
0001138723-20-000113
Insider Transaction Report
Form 4
ACCURAY INCARAY
LEVINE JOSHUA
President & CEO
Transactions
- Sale
Common Stock
2020-12-02$4.07/sh−15,674$63,804→ 1,029,538 total - Award
Common Stock
2020-11-30+280,269→ 1,045,212 total - Award
Non-Qualified Stock Option (right to buy)
2020-11-30+527,426→ 527,426 totalExercise: $4.46Exp: 2030-11-30→ Common Stock (527,426 underlying)
Footnotes (3)
- [F1]Fiscal year 2021 Performance award with two Performance Measurement Periods The first represents 40% of the grant and is from 7/1/2020 to 6/30/2021. The second represents 60% and is from 7/1/2021 to 06/30/2022. If the metrics are met for the first performance period vesting will commence quarterly beginning 9/30/2021 and ending 06/30/2023. If the metrics are met for the second performance period vesting will commence quarterly beginning 09/30/2022 and ending 06/30/2023.
- [F2]Shares were automatically sold in accordance with Accuray policy for all restricted stock unit (RSU) releases in order to cover tax obligations upon RSU release and is consistent with Accuray practices for all RSU releases of employees located in the United States.
- [F3]25% of the shares subject to such Option shall vest and be exercisable on the one-year anniversary of the Grant Date and an additional 1/48th of the original number of shares subject to such Option shall vest on the corresponding date of each month thereafter, subject to the applicable Grantee continuing to be a service provider through each such date.
Documents
Issuer
ACCURAY INC
CIK 0001138723
Entity typeother
Related Parties
1- filerCIK 0001159917
Filing Metadata
- Form type
- 4
- Filed
- Dec 1, 7:00 PM ET
- Accepted
- Dec 2, 9:41 PM ET
- Size
- 9.0 KB