Sam Boong Park - 26 Feb 2022 Form 4 Insider Report for Sight Sciences, Inc. (SGHT)

Signature
/s/ Jeremy Hayden, Attorney-in-Fact for Sam Park
Issuer symbol
SGHT
Transactions as of
26 Feb 2022
Net transactions value
+$31,473
Form type
4
Filing time
05 Jan 2023, 05:30:18 UTC
Previous filing
11 Feb 2022
Next filing
21 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGHT Common Stock Options Exercise $32,665 +16,666 +68% $1.96 40,998 26 Feb 2022 Direct F1
transaction SGHT Common Stock Options Exercise $7,185 +3,666 +8.9% $1.96 44,664 25 Mar 2022 Direct F2
transaction SGHT Common Stock Award $21,245 +3,128 +7% $6.79 47,792 18 Nov 2022 Direct F3
transaction SGHT Common Stock Award $0 +24,100 +81% $0.000000 53,817 01 Jan 2023 Direct F4, F5
transaction SGHT Common Stock Tax liability $29,623 -2,393 -4.4% $12.38 51,424 04 Jan 2023 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the exercise of stock options awarded under the Issuer's equity incentive plan.
F2 Reflects the exercise of stock options awarded under the Issuer's equity incentive plan.
F3 Reflects shares purchased under the Issuer's 2021 Employee Stock Purchase Plan.
F4 Reflects a grant of restricted stock units ("RSUs") made to the Reporting Person on February 9, 2022 under the Issuer's 2021 Incentive Award Plan (such grant, the "2022 RSU Grant"), as reported in Table II on the Reporting Person's Form 4 filed with the Securities and Exchange Commission on February 11, 2022. Of the RSUs awarded to the Reporting Person under the 2022 RSU Grant, 25% vested on January 1, 2023, and an additional 25% vest on each of January 1, 2024, 2025, and 2026. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.001 per share ("Common Stock"). The RSUs have no expiration date.
F5 Includes 6,025 shares of Common Stock issued in connection with the January 1, 2023 vesting of the 2022 RSU Grant.
F6 Reflects shares of Common Stock sold to cover the Reporting Person's tax liability in connection with the vesting of RSUs.
F7 Reflects the weighted average price at which the shares were sold. The shares were sold in multiple transactions at prices ranging from $12.16 to $12.61, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.