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

Role
EVP, Chief Business Officer
Signature
/s/ Todd Anderman, as Attorney-in-Fact for Anthony Gibney
Issuer symbol
N/A
Transactions as of
13 Dec 2021
Net transactions value
$0
Form type
4
Filing time
15 Dec 2021, 16:01:41 UTC
Next filing
05 Jul 2022
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 +200,000 $0.000000 200,000 13 Dec 2021 Common Stock 200,000 $15.16 Direct F1
transaction ISEE Restricted Stock Units Award $0 +100,000 $0.000000 100,000 13 Dec 2021 Common Stock 100,000 Direct F2, F3
transaction ISEE Restricted Stock Units Award $0 +75,000 $0.000000 75,000 13 Dec 2021 Common Stock 75,000 Direct F2, F4
transaction ISEE Restricted Stock Units Award $0 +6,000 $0.000000 6,000 13 Dec 2021 Common Stock 6,000 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.