Christopher Paul Simms - 02 Aug 2022 Form 4 Insider Report for IVERIC bio, Inc.

Role: SVP, Chief Commercial Officer
Signature: /s/ Todd D.C. Anderman, as Attorney-in-Fact for Christopher Simms
Issuer symbol: N/A
Transactions as of: 02 Aug 2022
Net transactions value: -$138,060
Form type: 4
Filing time: 04 Aug 2022, 16:09:58 UTC
Previous filing: 20 Dec 2021
Next filing: 22 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ISEE	Common Stock	Options Exercise	$0	+15,000	+212%	$0.000000	22,069	02 Aug 2022	Direct	F1
transaction	ISEE	Common Stock	Options Exercise	$0	+18,750	+85%	$0.000000	40,819	02 Aug 2022	Direct	F1
transaction	ISEE	Common Stock	Sale	$61,358	-5,454	-13%	$11.25	35,365	03 Aug 2022	Direct	F2, F3
transaction	ISEE	Common Stock	Sale	$76,702	-6,818	-19%	$11.25	28,547	03 Aug 2022	Direct	F2, F3

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	ISEE	Restricted Stock Units	Options Exercise	$0	-15,000	-100%	$0.000000^*	0	02 Aug 2022	Common Stock	15,000		Direct	F4, F5
transaction	ISEE	Restricted Stock Units	Options Exercise	$0	-18,750	-25%	$0.000000	56,250	02 Aug 2022	Common Stock	18,750		Direct	F4, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units converted into common stock on a one-for-one basis upon vesting of the units.
F2	Represents shares automatically sold pursuant to the prespecified terms of the applicable Restricted Stock Unit Agreement to satisfy the Reporting Person's minimum statutory withholding obligations with respect to the income recognized by the Reporting Person upon the vesting of the restricted stock units on August 2, 2022.
F3	The sale price of the Reporting Person's shares represents the weighted average price of all shares sold by a broker in multiple transactions ranging from $11.14 to $11.38 per share on August 3, 2022 on behalf of a group of employees of the Registrant to satisfy the payment of withholding tax liability of such employees.
F4	Each restricted stock unit represents the contingent right to receive one share of common stock of the Registrant upon vesting of the unit.
F5	Subject to continued employment with the Registrant and the other terms and conditions under the Registrant's 2019 Inducement Stock Incentive Plan, the award of restricted stock units will vest with respect to 100% of the shares subject to the award on the first anniversary of the grant date.
F6	Subject to continued employment with the Registrant and the other terms and conditions under the Registrant's 2019 Inducement Stock Incentive Plan, the award of restricted stock units will vest with respect to 25% of the shares subject to the award on each of the first, second, third and fourth anniversaries of the grant date.