Robert S. Breuil - Mar 14, 2023 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 14, 2023
Transactions value $
-$1,003
Form type
4
Date filed
3/15/2023, 04:15 PM
Previous filing
Mar 6, 2023
Next filing
Mar 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CALC Common Stock Options Exercise +5K +3.15% 164K Mar 14, 2023 Direct F1
transaction CALC Common Stock Tax liability -$1K -1.73K -1.06% $0.58 162K Mar 14, 2023 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 -14.29% $0.00 30K Mar 14, 2023 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 restricted stock unit ("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, and 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.