4//SEC Filing
Simms Christopher Paul 4
Accession 0001410939-22-000092
CIK 0001410939other
Filed
Aug 3, 8:00 PM ET
Accepted
Aug 4, 4:09 PM ET
Size
14.6 KB
Accession
0001410939-22-000092
Insider Transaction Report
Form 4
IVERIC bio, Inc.ISEE
Simms Christopher Paul
SVP, Chief Commercial Officer
Transactions
- Exercise/Conversion
Common Stock
2022-08-02+15,000→ 22,069 total - Exercise/Conversion
Common Stock
2022-08-02+18,750→ 40,819 total - Sale
Common Stock
2022-08-03$11.25/sh−5,454$61,358→ 35,365 total - Sale
Common Stock
2022-08-03$11.25/sh−6,818$76,703→ 28,547 total - Exercise/Conversion
Restricted Stock Units
2022-08-02−15,000→ 0 total→ Common Stock (15,000 underlying) - Exercise/Conversion
Restricted Stock Units
2022-08-02−18,750→ 56,250 total→ Common Stock (18,750 underlying)
Footnotes (6)
- [F1]Restricted stock units converted into common stock on a one-for-one basis upon vesting of the units.
- [F2]Represents shares automatically sold pursuant to the prespecified terms of the applicable Restricted Stock Unit Agreement to satisfy the Reporting Person's minimum statutory withholding obligations with respect to the income recognized by the Reporting Person upon the vesting of the restricted stock units on August 2, 2022.
- [F3]The sale price of the Reporting Person's shares represents the weighted average price of all shares sold by a broker in multiple transactions ranging from $11.14 to $11.38 per share on August 3, 2022 on behalf of a group of employees of the Registrant to satisfy the payment of withholding tax liability of such employees.
- [F4]Each restricted stock unit represents the contingent right to receive one share of common stock of the Registrant upon vesting of the unit.
- [F5]Subject to continued employment with the Registrant and the other terms and conditions under the Registrant's 2019 Inducement Stock Incentive Plan, the award of restricted stock units will vest with respect to 100% of the shares subject to the award on the first anniversary of the grant date.
- [F6]Subject to continued employment with the Registrant and the other terms and conditions under the Registrant's 2019 Inducement Stock Incentive Plan, the award of restricted stock units will vest with respect to 25% of the shares subject to the award on each of the first, second, third and fourth anniversaries of the grant date.
Documents
Issuer
IVERIC bio, Inc.
CIK 0001410939
Entity typeother
Related Parties
1- filerCIK 0001877012
Filing Metadata
- Form type
- 4
- Filed
- Aug 3, 8:00 PM ET
- Accepted
- Aug 4, 4:09 PM ET
- Size
- 14.6 KB