Keith Westby - 01 Nov 2022 Form 4 Insider Report for IVERIC bio, Inc.

Role
SVP & COO
Signature
/s/ Todd D.C. Anderman, as Attorney-in-Fact for Keith Westby
Issuer symbol
N/A
Transactions as of
01 Nov 2022
Net transactions value
-$1,681,923
Form type
4
Filing time
03 Nov 2022, 20:00:01 UTC
Previous filing
20 Apr 2022
Next filing
05 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISEE Common Stock Options Exercise $62,228 +42,916 +43% $1.45* 142,044 01 Nov 2022 Direct F1
transaction ISEE Common Stock Sale $1,744,151 -72,916 -51% $23.92 69,128 01 Nov 2022 Direct F1, F2

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 Stock Option (right to buy) Options Exercise $0 -42,916 -61% $0.000000 27,084 01 Nov 2022 Common Stock 42,916 $1.45 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercises and sales reported on this form were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 16, 2021.
F2 The sale price of the Reporting Person's shares represents the weighted average price of all shares sold by a broker in multiple transactions effected at prices ranging from $23.49 to $24.22 per share on November 1, 2022. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Registrant or a security holder of the Registrant, information regarding the number of shares sold at each price within the range.
F3 This stock option award was granted on December 12, 2018 and vests with respect to 25% of the shares subject to the option on the first anniversary of the grant date and with respect to the remaining shares in approximately equal monthly installments through the fourth anniversary of the grant date.