Robert S. Breuil - Mar 31, 2022 Form 4 Insider Report for GRAYBUG VISION, INC. (CALC)

Role
Chief Financial Officer
Signature
/s/ Frederic Guerard, as Attorney-in-Fact for Robert S. Breuil
Stock symbol
CALC
Transactions as of
Mar 31, 2022
Transactions value $
-$2,735
Form type
4
Date filed
4/4/2022, 05:41 PM
Previous filing
Mar 2, 2022
Next filing
May 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CALC Common Stock Options Exercise +5K +28.22% 22.7K Mar 31, 2022 Direct F1
transaction CALC Common Stock Sale -$2.74K -2.19K -9.63% $1.25 20.5K Mar 31, 2022 Direct F2

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 -9.09% $0.00 50K Mar 31, 2022 Common Stock 5K Direct F1, F3, F4
* 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 Represents the aggregate number of shares sold by the Reporting Person to cover taxes and fees due upon the release and settlement of the Restricted Stock Units ("RSUs"). The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes and fees.
F3 The RSUs vested as to 1/12 of the total shares on March 4, 2022, but were not settled and issued until March 31, 2022. 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.
F4 The RSUs do not expire; they either vest or are canceled prior to vest date.