Patrick Spine - 30 Nov 2023 Form 4 Insider Report for ACCURAY INC (ARAY)

Signature
/s/Gina Corradetti, Power of Attorney for Patrick Spine
Issuer symbol
ARAY
Transactions as of
30 Nov 2023
Net transactions value
-$36,653
Form type
4
Filing time
04 Dec 2023, 20:50:50 UTC
Previous filing
04 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARAY Common Stock Sale $36,653 -14,832 -6.3% $2.47 219,484 01 Dec 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were automatically sold in accordance with Accuray policy for all restricted stock unit (RSU) releases in order to cover tax obligations upon RSU release and is consistent with Accuray practices for all RSU releases of employees located in the United States.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.4707 to $2.4871, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3 Adjusted to remove shares related to Performance Stock Unit grants erroneously reported on Table I on October 4, 2021 and December 7, 2022.