Robert S. Breuil - Dec 4, 2021 Form 4 Insider Report for GRAYBUG VISION, INC. (CALC)

Signature
/s/ Frederic Guerard, as Attorney-in-Fact for Robert S. Breuil
Stock symbol
CALC
Transactions as of
Dec 4, 2021
Transactions value $
$0
Form type
4
Date filed
12/7/2021, 05:52 PM
Previous filing
Sep 24, 2021
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CALC Common Stock Options Exercise +5K +39.32% 17.7K Dec 4, 2021 Direct F1

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 CALC Restricted Stock Units Options Exercise $0 -5K -8.33% $0.00 55K Dec 4, 2021 Common Stock 5K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F2 The RSUs vested as to 1/4 of the total shares on September 4, 2021 but did not settle until September 22, 2021. 1/12 of the remaining shares shall vest quarterly thereafter such that the RSUs shall be fully vested on September 4, 2024, subject to the continued service of the Reporting Person to the Issuer through each vesting date.
F3 The RSUs do not expire; they either vest or are canceled prior to vest date.