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

Role
Director
Signature
/s/ Judy Wong, Attorney-in-fact
Issuer symbol
VANI
Transactions as of
27 Mar 2024
Net transactions value
+$37,387
Form type
4
Filing time
29 Mar 2024, 18:24:27 UTC
Previous filing
27 Mar 2024
Next filing
08 Apr 2024
SEC
View on sec.gov

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 $37,387 +26,145 $1.43 26,145 27 Mar 2024 Common Stock 26,145 $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.