Robert S. Breuil - Sep 4, 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
Sep 4, 2022
Transactions value $
-$1,627
Form type
4
Date filed
9/26/2022, 04:17 PM
Previous filing
Aug 26, 2022
Next filing
Nov 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CALC Common Stock Options Exercise +5K +9% 60.6K Sep 4, 2022 Direct F1
transaction CALC Common Stock Tax liability -$1.63K -1.68K -2.78% $0.97 58.9K Sep 23, 2022 Direct

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 -11.11% $0.00 40K Sep 4, 2022 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 1/12 of the total shares on September 4, 2022, but were not settled and issued until September 23, 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.
F3 The RSUs do not expire; they either vest or are canceled prior to vest date.