Pravin Dugel - Dec 16, 2021 Form 4 Insider Report for IVERIC bio, Inc. (ISEE)

Role
President
Signature
/s/ Todd Anderman, as Attorney-in-Fact for Pravin Dugel
Stock symbol
ISEE
Transactions as of
Dec 16, 2021
Transactions value $
$0
Form type
4
Date filed
12/20/2021, 03:43 PM
Previous filing
Nov 15, 2021
Next filing
Dec 21, 2021

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 +100K $0.00 100K Dec 16, 2021 Common Stock 100K $14.83 Direct F1
transaction ISEE Restricted Stock Units Award $0 +50K $0.00 50K Dec 16, 2021 Common Stock 50K Direct F2, F3
* 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 2013 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 Restricted stock units converted into common stock on a one-for-one basis upon vesting of the units.
F3 Subject to continued employment with the Registrant and the other terms and conditions under the Registrant's 2013 Stock Incentive Plan, the award of restricted stock units will vest with respect to 25% of the shares subject to the award in annual installments (on January 2, 2023, January 2, 2024, January 2, 2025 and January 2, 2026).