Anthony S. Gibney - Dec 13, 2021 Form 4 Insider Report for IVERIC bio, Inc. (ISEE)

Signature
/s/ Todd Anderman, as Attorney-in-Fact for Anthony Gibney
Stock symbol
ISEE
Transactions as of
Dec 13, 2021
Transactions value $
$0
Form type
4
Date filed
12/15/2021, 04:01 PM
Next filing
Jul 5, 2022

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 +200K $0.00 200K Dec 13, 2021 Common Stock 200K $15.16 Direct F1
transaction ISEE Restricted Stock Units Award $0 +100K $0.00 100K Dec 13, 2021 Common Stock 100K Direct F2, F3
transaction ISEE Restricted Stock Units Award $0 +75K $0.00 75K Dec 13, 2021 Common Stock 75K Direct F2, F4
transaction ISEE Restricted Stock Units Award $0 +6K $0.00 6K Dec 13, 2021 Common Stock 6K Direct F2, F5
* 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 based on the achievement of certain performance milestones.
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.