Christopher Paul Simms - 02 Aug 2021 Form 4 Insider Report for IVERIC bio, Inc.

Role
Senior Vice President, CCO
Signature
/s/ Todd Anderman, as Attorney-in-Fact for Christopher Simms
Issuer symbol
N/A
Transactions as of
02 Aug 2021
Net transactions value
$0
Form type
4
Filing time
04 Aug 2021, 19:53:27 UTC
Next filing
22 Nov 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction (ISEE) Stock Option (Right to Buy) Award $0 +160,000 $0.000000 160,000 02 Aug 2021 Common Stock 160,000 $8.64 Direct F1
transaction (ISEE) Restricted Stock Units Award $0 +75,000 $0.000000 75,000 02 Aug 2021 Common Stock 75,000 Direct F2, F3
transaction (ISEE) Restricted Stock Units Award $0 +15,000 $0.000000 15,000 02 Aug 2021 Common Stock 15,000 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to continued employment with the Registrant and the other terms and conditions under the Registrant's 2019 Inducement Stock Incentive Plan, the stock option award will vest with respect to 25% of the shares subject to the option on the first anniversary of the grant date and with respect to the remaining shares, in approximately equal monthly installments through the fourth anniversary of the grant date.
F2 Each restricted stock unit represents the contingent right to receive one share of common stock of the Registrant upon vesting of the unit.
F3 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.
F4 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.