Roberts Calvin W. 4
4 · IVERIC bio, Inc. · Filed May 13, 2022
Insider Transaction Report
Form 4
IVERIC bio, Inc.ISEE
Roberts Calvin W.
Director
Transactions
- Exercise/Conversion
Common Stock
2022-05-11+7,500→ 7,500 total - Exercise/Conversion
Restricted Stock Units
2022-05-11−7,500→ 0 total→ Common Stock (7,500 underlying) - Award
Restricted Stock Units
2022-05-12+14,588→ 14,588 total→ Common Stock (14,588 underlying) - Award
Stock Option (right to buy)
2022-05-12+23,186→ 23,186 totalExercise: $9.94Exp: 2032-05-11→ Common Stock (23,186 underlying)
Footnotes (4)
- [F1]Restricted stock units converted into common stock on a one-for-one basis upon vesting of the units.
- [F2]On May 19, 2021, the Reporting Person was granted 7,500 restricted stock units, which vest in full upon on the earlier of one business day prior to the Registrant's 2022 annual meeting of stockholders or the first anniversary of the grant date.
- [F3]In accordance with the Registrant's Non-Employee Director Compensation Policy, the Reporting Person was granted 14,588 restricted stock units. Subject to the Reporting Person providing continued services to the Registrant and other terms and conditions under the Registrant's 2013 Stock Incentive Plan, the award of restricted stock units will vest in full on the earlier of one business day prior to the Registrant's 2023 annual meeting of stockholders or the first anniversary of the grant date. Any unvested shares subject to the award of restricted stock units will be accelerated in full upon the occurrence of a change in control event (as defined in the Registrant's 2013 Stock Incentive Plan).
- [F4]In accordance with the Registrant's Non-Employee Director Compensation Policy, the Reporting Person was granted a stock option to purchase 23,186 shares of the Registrant's common stock. Subject to the Reporting Person providing continued services to the Registrant and the other terms and conditions under the Registrant's 2013 Stock Incentive Plan, the stock option award will vest monthly with respect to 1/12 of the shares underlying such stock option award until the earlier of the business day immediately prior to the Registrant's 2023 annual meeting of stockholders or the first anniversary of the grant date. Any unvested shares subject to the stock option award will be accelerated in full upon the occurrence of a change in control event (as defined in the Registrant's 2013 Stock Incentive Plan).