William Burke - Mar 1, 2023 Form 4 Insider Report for ViewRay, Inc. (VRAYQ)

Role: Chief Financial Officer
Signature: /s/ Sanket Shah, Attorney-in-fact
Stock symbol: VRAYQ
Transactions as of: Mar 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/3/2023, 04:24 PM
Previous filing: Jan 17, 2023
Next filing: Mar 30, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VRAYQ	Common Stock	Award	$0	+104K	+41.04%	$0.00	356K	Mar 1, 2023	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	VRAYQ	Performance Units	Award	$0	+104K		$0.00	104K	Mar 1, 2023	Common Stock	104K	$0.00	Direct	F3

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

Explanation of Responses:

Id	Content
F1	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, 2023, subject to the Reporting Person remaining a service provider through each such vesting date.
F2	Includes 356,318 shares granted as RSUs. As of the transaction date, zero RSUs have vested.
F3	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.