Jesse Chew - 29 Nov 2024 Form 4 Insider Report for ACCURAY INC (ARAY)

Signature
/s/ Jesse Chew
Issuer symbol
ARAY
Transactions as of
29 Nov 2024
Net transactions value
-$90,870
Form type
4
Filing time
03 Dec 2024, 16:20:13 UTC
Previous filing
02 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARAY Common Stock Tax liability $90,870 -42,265 -11% $2.15 326,824 02 Dec 2024 Direct F1

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 ARAY Restricted Stock Units Award $0 +187,500 $0.000000 187,500 29 Nov 2024 Common Stock 187,500 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock that were withheld by the issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of RSUs.
F2 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3 The restricted stock units (RSUs) are released at vest. At total of 34% of the shares subject to this grant become vested and are released on the first anniversary of the vesting commencement date and the remaining shares vest and are released at a rate of 33% on the second anniversary and 33% on the third anniversary of the commencement date.