Robert S. Breuil - 14 Mar 2023 Form 4 Insider Report for GRAYBUG VISION, INC. (CALC)

Signature
/s/ Frederic Guerard, as Attorney-in-Fact for Robert S. Breuil
Issuer symbol
CALC
Transactions as of
14 Mar 2023
Net transactions value
-$1,003
Form type
4
Filing time
15 Mar 2023, 16:15:09 UTC
Previous filing
06 Mar 2023
Next filing
27 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CALC Common Stock Options Exercise +5,000 +3.1% 163,849 14 Mar 2023 Direct F1
transaction CALC Common Stock Tax liability $1,003 -1,730 -1.1% $0.5800 162,119 14 Mar 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 -5,000 -14% $0.000000 30,000 14 Mar 2023 Common Stock 5,000 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.