Daniel Bradbury - Mar 27, 2024 Form 4 Insider Report for Vivani Medical, Inc. (VANI)

Role
Director
Signature
/s/ Judy Wong, Attorney-in-fact
Stock symbol
VANI
Transactions as of
Mar 27, 2024
Transactions value $
$37,387
Form type
4
Date filed
3/29/2024, 06:24 PM
Previous filing
Mar 27, 2024
Next filing
Apr 8, 2024

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 VANI Non-Qualified Stock Option (right to buy) Award $37.4K +26.1K $1.43 26.1K Mar 27, 2024 Common Stock 26.1K $1.85 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options have a 10-year term and vests quarterly through December 31, 2024.
F2 Awarded pursuant to the Issuer's non-employee director compensation policy in lieu of pro-rated cash retainer fees of $37,500.