Gregg Williams - 01 Jan 2025 Form 4 Insider Report for Vivani Medical, Inc. (VANI)

Signature
/s/ Brigid Makes as Attorney-in-fact
Issuer symbol
VANI
Transactions as of
01 Jan 2025
Net transactions value
+$89,038
Form type
4
Filing time
03 Jan 2025, 20:06:16 UTC
Previous filing
13 Nov 2024
Next filing
04 Apr 2025

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 $89,038 +76,757 $1.16 76,757 01 Jan 2025 Common Stock 76,757 $1.16 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, 2025, subject to continued service through each such date
F2 Awarded pursuant to the Issuer's non-employee director compensation policy in lieu of cash retainer fees of $69,000.