Axel Bolte - May 11, 2023 Form 4 Insider Report for IVERIC bio, Inc. (ISEE)

Role: Director
Signature: /s/ Todd D.C. Anderman, as Attorney-in-Fact for Axel Bolte
Stock symbol: ISEE
Transactions as of: May 11, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/15/2023, 04:51 PM
Previous filing: May 3, 2023
Next filing: May 19, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ISEE	Common Stock	Options Exercise		+14.6K	+194.51%		22.1K	May 11, 2023	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	ISEE	Restricted Stock Units	Options Exercise	$0	-14.6K	-100%	$0.00^*	0	May 11, 2023	Common Stock	14.6K		Direct	F1, F2

* 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	In accordance with the Registrant's Non-Employee Director Compensation Policy, the Reporting Person was granted 14,588 of the Registrant's restricted stock units on May 12, 2022. Subject to the Reporting Person providing continued services to the Registrant and other terms and conditions under the Registrant's 2013 Stock Incentive Plan, the award of restricted stock units vested in full one business day prior to the first anniversary of the grant date.

Content

Restricted stock units converted into common stock on a one-for-one basis upon vesting of the units.

In accordance with the Registrant's Non-Employee Director Compensation Policy, the Reporting Person was granted 14,588 of the Registrant's restricted stock units on May 12, 2022. Subject to the Reporting Person providing continued services to the Registrant and other terms and conditions under the Registrant's 2013 Stock Incentive Plan, the award of restricted stock units vested in full one business day prior to the first anniversary of the grant date.