Robert S. McCormack - Mar 1, 2022 Form 4 Insider Report for ViewRay, Inc. (VRAYQ)

Role
SVP Gen Counsel & Corp Sec
Signature
/s/ Sanket Shah, Attorney-in-fact
Stock symbol
VRAYQ
Transactions as of
Mar 1, 2022
Transactions value $
-$249,231
Form type
4
Date filed
3/3/2022, 06:18 PM
Previous filing
Oct 26, 2021
Next filing
Oct 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRAYQ Common Stock Tax liability -$68.3K -16.5K -3.44% $4.14* 463K Mar 1, 2022 Direct F1
transaction VRAYQ Common Stock Tax liability -$21.5K -5.18K -1.12% $4.14* 458K Mar 1, 2022 Direct F1
transaction VRAYQ Common Stock Award $0 +84.5K +18.46% $0.00 543K Mar 1, 2022 Direct F2
transaction VRAYQ Common Stock Tax liability -$160K -37.6K -6.93% $4.24* 505K Mar 2, 2022 Direct F1, 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 VRAYQ Performance Units Award $0 +84.5K $0.00 84.5K Mar 1, 2022 Common Stock 84.5K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payment of tax liability by withholding securities incident to vesting of restricted stock units.
F2 The reported securities are RSUs that entitle the Reporting Person to receive one share of Common Stock per RSU upon vesting. A total of one-third of the shares subject to this grant become vested on each of the first three anniversaries of March 1, 2022, subject to the Reporting Person remaining a service provider through each such vesting date.
F3 Includes 504,883 shares granted as RSUs. As of the transaction date, 184,540 of the RSUs have vested.
F4 These performance share awards were issued at a 100% target and have a 3-year vest period and will vest in all or in part upon achievement of performance metrics. Any awards that have not been vested and released at the end of the 3-year period will be cancelled.