Porter Lisa Ellen 4
4 · Vivani Medical, Inc. · Filed Mar 8, 2023
Insider Transaction Report
Form 4
Porter Lisa Ellen
Chief Medical Officer
Transactions
- Award
RSUs
2023-03-06+20,000→ 20,000 totalFrom: 2023-03-06Exp: 2027-03-06→ Common Stock (20,000 underlying) - Award
RSUs
2023-03-06+40,000→ 40,000 totalFrom: 2023-03-06Exp: 2027-03-06→ Common Stock (40,000 underlying)
Footnotes (2)
- [F1]Each RSU represents a contingent right to receive one share of Vivani common stock.
- [F2]The performance based RSUs vest one third when the stock price is at or above $3.15 for three consecutive business days. Second third vests one year after that. Final third vests one year after second third. If the RSUs fail to reach $3.15 for three consecutive business days within a four year term from the date of the grant the RSUs expire.