Gregg Williams - May 31, 2022 Form 4 Insider Report for SECOND SIGHT MEDICAL PRODUCTS INC (VANI)

Signature
/s/ Gregg Williams
Stock symbol
VANI
Transactions as of
May 31, 2022
Transactions value $
$719,451
Form type
4
Date filed
6/2/2022, 09:36 PM
Previous filing
May 25, 2022
Next filing
Jun 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VANI Common Stock Purchase $174K +74.9K +0.69% $2.33 10.9M May 31, 2022 See footnote F1, F5
transaction VANI Common Stock Purchase $299K +132K +1.21% $2.26 11.1M Jun 1, 2022 See footnote F2, F5
transaction VANI Common Stock Purchase $246K +105K +0.95% $2.34 11.2M Jun 2, 2022 See footnote F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.17 to $2.40, inclusive. The reporting person undertakes to provide to Second Sight Medical Products, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.22 to $2.39, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.28 to $2.38, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F4 The Gregg G. Williams 2006 Trust ("GW Trust") acquired 74,870 shares of common stock on May 31, 2022, 132,461 shares of common stock on June 1, 2022 and 105,162 shares of common stock on June 2, 2022. Mr. Williams is a trustee of the GW Trust.
F5 After giving effect to the transactions reported on this Form 4, shares beneficially owned by Mr. Williams include (i) 4,852,133 shares of common stock and warrants to purchase 1,713,599 shares of common stock owned by GW Trust, (ii) 3,638,568 shares of common stock and warrants to purchase 3,453,038 shares of common stock owned by Williams International Co. LLC (iii) 544,760 shares of common stock owned by Sam Williams Family Investments LLC and (iv) 2,193,926 shares of common stock and warrants to purchase 863,259 shares of common stock owned by GST. Includes 25,636 shares of common stock issuable to Mr. Williams upon exercise of options. Greg Williams has voting and dispositive power over all of these shares.